Roundup of Analyst Expectations Ahead of Apple's Q1 2012 Earnings Call

Philip Elmer-Dewitt has assembled his list of analyst expectations ahead of Apple's quarterly earnings report Tuesday afternoon. The list includes estimates from 17 "independent" analysts and 34 "affiliated" analysts who work for large investment houses or research organizations.

As usual, the independent analysts are much more bullish than the affiliated analysts. The independent consensus expects earnings per share (EPS) of $12.01 on revenue of $43.14 billion. The institutional consensus is EPS of $10.19 on $39.23 billion in revenue.

q112analyst
Click through to Elmer-DeWitt's post at Fortune to see the full-size chart.

Last quarter Apple announced it had broken $100 billion in sales for fiscal 2011, the first time it had breached that figure, and posted $6.62 billion in profit on revenue of $28.27 billion. For the first fiscal quarter of 2012, Apple has issued guidance of $37 billion in revenue with profits of $9.30 per diluted share.

Apple's best quarter ever was fiscal Q311 when it posted $7.31 billion in profit on sales of $28.57 billion. It appears Apple will solidly beat those numbers this quarter, posting its best results ever.

Apple will announce its earnings for the first fiscal quarter of 2012 (fourth calendar quarter of 2011) and host a conference call regarding the release on Tuesday January 24th at 5:00 PM Eastern / 2:00 PM Pacific. The earnings release itself typically comes in around 4:30 PM Eastern.

Popular Stories

M5 MacBook Pro

Apple Announces New 14-Inch MacBook Pro With M5 Chip

Wednesday October 15, 2025 6:07 am PDT by
Apple today updated the 14-inch MacBook Pro base model with its new M5 chip, which is also available in updated iPad Pro and Vision Pro models. In addition, the base 14-inch MacBook Pro can now be configured with up to 4TB of storage on Apple's online store, whereas the previous model maxed out at 2TB. However, the maximum amount of unified RAM available for this model remains 32GB. Like...
Apple iPad Pro hero M5

Apple Debuts New iPad Pro With M5 Chip, Faster Charging, and More

Wednesday October 15, 2025 6:16 am PDT by
Apple today announced the next-generation iPad Pro, featuring the custom-designed M5, C1X, and N1 chips. The M5 chip has up to a 10-core CPU, with four performance cores and six efficiency cores. It features a next-generation GPU with Neural Accelerator in each core, allowing the new iPad Pro to deliver up to 3.5x the AI performance than the previous model, and a third-generation ray-tracing ...
apple oct 2024 mac tease

Apple Expected to Announce These Two to Three Products 'This Week'

Sunday October 12, 2025 7:05 am PDT by
Apple plans to announce new products "this week," according to Bloomberg's Mark Gurman. Apple's "Mac Your Calendars" teaser last October In his Power On newsletter today, Gurman said the products set to be updated this week include the iPad Pro, Vision Pro, and "likely" the base 14-inch MacBook Pro, with all three likely to receive a spec bump with Apple's next-generation M5 chip. Gurman...
maxresdefault

Here's Everything Apple Announced Today

Wednesday October 15, 2025 3:54 pm PDT by
We didn't get a second fall event this year, but Apple did unveil updated products with a series of press releases that went out today. The M5 chip made an appearance in new MacBook Pro, Vision Pro, and iPad Pro models. Subscribe to the MacRumors YouTube channel for more videos. We've rounded up our coverage and highlighted the main feature changes for each device below. MacBook Pro M5...
joz macbook tease

Apple Teases Upcoming M5 MacBook Pro Launch: 'Something Powerful is Coming'

Tuesday October 14, 2025 11:59 am PDT by
Apple marketing chief Greg Joswiak today teased the launch of an upcoming product, saying "something powerful is coming" on social media. Subscribe to the MacRumors YouTube channel for more videos. A short animation accompanying Joswiak's teaser reveals a brief glimpse of a MacBook Pro along with the words "coming soon." The shape of the MacBook Pro is a V, which is the Roman numeral...
airpods max 2024 colors

AirPods Max 2: Everything We Know So Far

Tuesday October 14, 2025 8:43 am PDT by
Apple's AirPods Max have now been available for almost five years, so what do we know about the second-generation version? According to Apple supply chain analyst Ming-Chi Kuo, the new AirPods Max will be lighter than the current ones, but exactly how much is as yet known. The current AirPods Max weigh 0.85 pounds (386.2 grams), excluding the charging case, making it one of the heavier...
Vision Pro M5 Announcement

Apple Updates Vision Pro With M5 Chip, Dual Knit Band, and 120Hz Support

Wednesday October 15, 2025 6:14 am PDT by
Apple today updated the Vision Pro headset with its next-generation M5 chip for faster performance, and a more comfortable Dual Knit Band. The M5 chip has a 10-core CPU, a 10-core GPU with Neural Accelerators, and a 16-core Neural Engine, and we have confirmed the Vision Pro still has 16GB of RAM. With the M5 chip, the Vision Pro offers faster performance and longer battery life compared...
macbook pro blue

Apple's M5 MacBook Pro Imminent: What to Expect

Tuesday October 14, 2025 4:35 pm PDT by
Apple is going to launch a new version of the MacBook Pro as soon as tomorrow, so we thought we'd go over what to expect from Apple's upcoming Mac. M5 Chip The MacBook Pro will be one of the first new devices to use the next-generation M5 chip, which will replace the M4 chip. The M5 is built on TSMC's more advanced 3-nanometer process, and it will bring speed and efficiency improvements. ...
MacBook Pro M5 Screen

New MacBook Pro Does Not Include a Charger in the Box in Europe

Wednesday October 15, 2025 6:59 am PDT by
The new 14-inch MacBook Pro with an M5 chip does not include a charger in the box in European countries, including the U.K., Ireland, Germany, Italy, France, Spain, the Netherlands, Norway, and others, according to Apple's online store. In the U.S. and all other countries outside of Europe, the new MacBook Pro comes with Apple's 70W USB-C Power Adapter, but European customers miss out....
HomePod mini and Apple TV

Apple's Next Rumored Products: New HomePod Mini, Apple TV, and More

Thursday October 16, 2025 9:13 am PDT by
Apple on Wednesday updated the 14-inch MacBook Pro, iPad Pro, and Vision Pro with its next-generation M5 chip, but previous rumors have indicated that the company still plans to announce at least a few additional products before the end of the year. The following Apple products have at one point been rumored to be updated in 2025, although it is unclear if the timeframe for any of them has...

Top Rated Comments

sparks05 Avatar
179 months ago
Apple will crush estimates

Simple math shows that Apple will crush estimates this quarter. Looks like the consensus for iPhone unit sales is about 30 million. My estimate is 35.5 million. This is based on simple math. Here are some notes I made a couple of days ago.


* In Q3 Verizon sold 2 million iphones while Apple sold a total of over 17 million. Therefore, Verizon's iPhone sales represented 12% of total iPhone sales. In Q4 Verizon sold 4.2 million. 4.2 million is 12% of 35 million--pointing to 35 million iPhone sales.
* Apple recorded 1.7 million iPhone sales when the iPhone 4 was launched. This represents about 12% of total sales for that quarter. This year Apple recorded over 4 million iPhone sales during the opening weekend of the iPhone 4S. 4 million is 12% of 34 million--pointing to 34 million iPhone sales.
* This quarter an additional carrier was added in the United States: Sprint.
* Sprint declared its sales record was broken by 1PM EST on iPhone 4S launch day.
* AT&T was on track to double record iPhone activations in a single day for iPhone 4S launch--meaning double the day they released the iPhone 4. So if Apple's iPhone sales doubled for the 4S quarter just as they did with the iPhone 4 quarter, this is pointing to 34 million iPhone sales this quarter.
* There is an extra week in Q4 compared with Q3.
* The iPhone 4S launch falls in a quarter that leads right up to Christmas, including all holiday sales. The iPhone 4 was released in the summer. It is very likely that iPhone 4S sales kept more momentum than the iPhone 4 due to the holidays.
* Tim Cook's (Apple CEO) words should not be taken lightly: this marks "our fastest iPhone rollout ever"; "Customer response to products in China has been off the charts"; "we--in our wildest dreams, we couldn't have gotten off to a start as great as we have on the 4S."
* Apple has lower priced and more competitive iPhones available for purchase than it did when the iPhone 4 launched.
* Apple's Asia-Pacific segment is exploding and difficult for analysts to keep up with.
Score: 4 Votes (Like | Disagree)
voyagerd Avatar
179 months ago
I just bought Apple stock on Friday :eek:
Score: 2 Votes (Like | Disagree)
fins831 Avatar
179 months ago
Who wants to play 'what the stock will end at' game for Weds?
Score: 2 Votes (Like | Disagree)
Slurpy2k8 Avatar
179 months ago
I can't even wrap my mind around 35million phones. Damn.
Wasn't that long ago that 5 million iPhones per quarter was incredibly impressive.
Score: 1 Votes (Like | Disagree)
Apple Corps Avatar
179 months ago
You see this is the kind of fanboying which should be left at Macdailynews.

I don't understand the point you are trying to make?
Score: 1 Votes (Like | Disagree)
blacktape242 Avatar
179 months ago
I just bought Apple stock on Friday :eek:

bad timing....where were you 5 years ago.. ;)
Score: 1 Votes (Like | Disagree)