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Analysts not worried by Apple's financial projections

#1 User is offline   MW Forums Icon

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Posted 21 July 2006 - 11:50 AM

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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#2 User is offline   warlock7 Icon

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Posted 21 July 2006 - 04:58 PM

Well, that's a first. Weren't they just saying how Apple was a bad investment just two weeks ago?
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#3 User is offline   MacTel Icon

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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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Posted 23 July 2006 - 10:59 AM

I love the "inexperienced analysts" quote. Way too many "bandwagoners" guessing what Apple would do. I think most people on these forums could have given better estimates than these guys.
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