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.

Top Rated Comments

sparks05 Avatar
144 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
144 months ago
I just bought Apple stock on Friday :eek:
Score: 2 Votes (Like | Disagree)
fins831 Avatar
144 months ago
Who wants to play 'what the stock will end at' game for Weds?
Score: 2 Votes (Like | Disagree)
Slurpy2k8 Avatar
144 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
144 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
144 months ago
I just bought Apple stock on Friday :eek:

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

Popular Stories

iPhone trade in

Apple Adjusts Trade-In Values for iPhones, Macs, and More

Wednesday January 25, 2023 9:40 am PST by
After announcing new Mac and HomePod models last week, Apple adjusted its trade-in values for select devices in the United States. iPhone trade-in values decreased by up to $80, and most Android smartphones also went down. Mac trade-in values remained unchanged or increased by up to $40 depending on the model, while some Apple Watch models increased in value and others decreased. Trade-in...
iPhone 14 Pro Purple Side Perspective Feature Purple

iPhone 15 Pro Expected Later This Year With These 7 Exclusive Features

Tuesday January 24, 2023 4:53 pm PST by
Apple's next-generation iPhone 15 Pro and iPhone 15 Pro Max are expected to be announced in September as usual. Already, rumors suggest the devices will have at least seven exclusive features not available on the standard iPhone 15 and iPhone 15 Plus. An overview of the seven features rumored to be exclusive to iPhone 15 Pro models:A17 chip: iPhone 15 Pro models will be equipped with an A17...
Mac mini M2 2023

New 256GB Mac Mini and 512GB MacBook Pro Have Slower SSD Speeds Than Previous Models

Tuesday January 24, 2023 1:11 pm PST by
While the new Mac mini with the M2 chip has a lower $599 starting price, the base model with 256GB of storage has slower SSD read and write speeds compared to the previous-generation model with the M1 chip and 256GB of storage. A teardown of the new Mac mini shared by YouTube channel Brandon Geekabit reveals that the 256GB model is equipped with only a single 256GB storage chip, while the...
apple tv 4k red image

Apple Releases tvOS 16.3

Tuesday January 24, 2023 10:10 am PST by
Apple today released tvOS 16.3, the third major point update to the tvOS 16 operating system that originally came out in September. Available for the Apple TV 4K and Apple TV HD, tvOS 16.3 comes six weeks after tvOS 16.2, an update that added Apple Music Sing. The tvOS 16.3 update can be downloaded over the air through the Settings app on the ‌‌‌‌Apple TV‌‌‌‌ by going to System > Software...
watchOS 9 Feature

Apple Releases watchOS 9.3 With New Watch Face, Bug Fixes

Monday January 23, 2023 10:06 am PST by
Apple today released watchOS 9.3, the third major update to the watchOS 9 operating system that first launched in September. watchOS 9.3 comes over a month after watchOS 9.2, an update that added new Workout functionality and Crash Detection optimizations. watchOS 9.3 can be downloaded for free through the Apple Watch app on the iPhone by opening it up and going to General > Software Update. ...
iOS 16

iOS 16.3 for iPhone Launching Next Week With These 4 New Features

Friday January 20, 2023 11:43 am PST by
In a recent press release, Apple confirmed that iOS 16.3 will be released to the public next week. The software update will be available for the iPhone 8 and newer and includes a handful of new features, changes, and bug fixes. Below, we've recapped bigger features in iOS 16.3, including support for physical security keys as a two-factor authentication option for Apple ID accounts, worldwide ...
maxresdefault

Hands-On With the New M2 Pro Mac Mini

Tuesday January 24, 2023 1:45 pm PST by
The new M2-series MacBook Pro and Mac mini models launched today, marking the debut of the first M2 Pro and M2 Max chips. We have the M2 Pro Mac mini on hand, and thought we'd take a look at the machine and do a series of benchmarks to see how it fits into Apple's lineup. Subscribe to the MacRumors YouTube channel for more videos. Base model Mac mini machines come with either an M2 or M2 Pro...
Ventura Macs Feature Blue

Apple Releases macOS Ventura 13.2

Monday January 23, 2023 10:09 am PST by
Apple today released macOS Ventura 13.2, the second major update to the macOS Ventura operating system initially released in October. macOS Ventura 13.2 comes more than a month after macOS Ventura 13.1, an update that added the Freeform app and other changes. The ‌macOS Ventura‌ 13.2 update can be downloaded for free on all eligible Macs using the Software Update section of System...