Jump to content

Apple is once again expected to crush Q3 with near-record earnings


Recommended Posts

Posted

Apple Q3 2012 Earnings Preview

Despite some analyst fears that Apple may miss Wall Street’s consensus when it reports its quarterly earnings next week, others suggest the iPhone-maker will report near-record numbers. Stephen Rosenman of Seeking Alpha notes that for the past nine years, the Cupertino-based company’s fiscal third-quarter earnings have topped the preceding second-quarter earnings. The investor highlights Apple’s history of beating unit sales projections year after year and estimates the company will sell 63 million devices during this quarter. Rosenman predicts that Apple will report operating income of $16.7 billion and will have earned $13.62 per share, blowing away Wall Street’s $10.34 consensus and coming close to its record $13.87 EPS in the first quarter. Apple is scheduled to reports it third-quarter earnings after the market closes on July 24th.

Read

bfkn2w7kcqw

 

View the full article

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Unfortunately, your content contains terms that we do not allow. Please edit your content to remove the highlighted words below.
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.