Apple's fourth-quarter earnings estimates are below what Wall Street had initially expected. But analysts point out that Apple's numbers are in line with past performance and not something to be concerned about. more
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Analysts not worried by Apple's financial projections
#3
Posted 22 July 2006 - 06:30 PM
If Apple is predicting 49 to 51 cents a share in profits for the current quarter then I take that as an idicator for the more of the same. In other words, if there's any new product annoucements that could kick-it-up-a-notch then they would tend to come late in the quarter. A new iPod annoucement would certainly increase Apple's revenues significantly and that would be reflected in a more robust prediction. The MacBook and educational iMac will drive this quarter as they're feeding pent-up demand.
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