Roundup of Analyst Expectations Ahead of Q2 2012 Earnings Call
Philip Elmer-Dewitt has put together his list of analyst expectations ahead of Apple's quarterly earnings report this afternoon. The list includes estimates from 23 "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 $12.74 on revenue of $42.73 billion. The institutional consensus is EPS of $10.18 on $37.06 billion in revenue. The six analysts with the best track record expect $12.49 EPS on $41.47 billion in sales.
Click through to Elmer-DeWitt's post at Fortune to see the full-size chart.
Apple will announce its earnings for the second fiscal quarter of 2012 (first calendar quarter) and host a conference call regarding the release this afternoon at 5:00 PM Eastern / 2:00 PM Pacific. The earnings release itself typically comes in around 4:30 PM Eastern.
Last quarter the company announced record-shattering results in a number of areas, including $13.06 billion in profit on revenue of $46.33 billion. For the second fiscal quarter, Apple has issued guidance of $32.5 billion in revenue with profits of $8.50 per share. The company typically exceeds its guidance by a significant margin.
Popular Stories
Leaker Jon Prosser today shared ostensibly accurate renders of the iPhone 14 Pro, providing the most accurate look yet at what the device could look like when it launches later this year.
In the latest video on YouTube channel Front Page Tech, Prosser revealed renders of the iPhone 14 Pro made by Apple concept graphic designer Ian Zelbo, highlighting a range of specific design changes...
Apple appears to have recently updated the Wallet app to allow users to add an Apple Account Card, which displays the Apple credit balance associated with an Apple ID.
If you receive an App Store or Apple Store gift card, for example, it is added to an Apple Account that was previously visible in the App Store and Apple Store apps. As of today, the Apple Account balance can also be added to...
The iPhone 14 Max is currently behind schedule by around three weeks, according to Haitong International Securities analyst Jeff Pu.
Yesterday, Nikkei Asia reported that at least one iPhone 14 model was three weeks behind schedule due to the impact of lockdowns on Apple's supply chains in China, but it was not clear which iPhone 14 model this related to. Now, Pu has clarified that the model...
Amazon is marking down a wide variety of 11-inch and 12.9-inch iPad Pro models this week, with prices starting as low as $749.00 for the 11-inch tablet. You'll find the full list of sales below, all of which can be found on Amazon.
Note: MacRumors is an affiliate partner with some of these vendors. When you click a link and make a purchase, we may receive a small payment, which helps us keep...
There's just over a week to go until the 2022 Worldwide Developers Conference, which is one of the biggest Apple events of the year. We've heard surprisingly little about iOS 16 this year, so we're in for some major surprises when June 6 rolls around.
As we wait for the keynote event, we thought we'd share some iOS 16 wishlist items from MacRumors readers, because who knows? We just might...
It's Memorial Day weekend in the United States, and that means WWDC is right around the corner and anticipation is building for what we might see at the opening keynote. Software updates are a given, but will we see any new hardware?
Other news this week included the annual release of new Pride-themed Apple Watch bands, iPhone 14 Pro rumors, and Sony's latest headphones that compete against...
The "A16" chip for the iPhone will reportedly be manufactured with the same process as the iPhone 13's A15 Bionic, with Apple saving a bigger performance leap for the "M2" chip designed for its next-generation Macs. Meanwhile, the company is working on a "final" M1 chip variant that uses more powerful cores from the A15, according to the leaker known as "ShrimpApplePro."
In a thread on...
Top Rated Comments
Apple is great at pulling off miracle quarters that just leave everyone in absolute awe, but to expect them to do it *every* time is rather unrealistic, and to expect them to equal and even *surpass* last quarter is just plain silly. But that's apparently what everyone expects.
All anyone can be really expected to do is beat their own guidance, but Apple has not only set a massive standard for themselves, but they've raised the price of poker for everyone else. There's also the perennial expectation that Apple will lift everyone's boat.
They'll do it and keep doing it for the foreseeable future, but let's keep post-Christmas quarter expectations (this time around) within the realm of sanity. They'll easily be up YoY, though. But it's likely that will no longer be good enough for anyone. We've all been spoiled.
Is that so? :cool:
Hopefully Apple can share some big numbers for the quarter and help the stock rally after hours today and into tomorrow.
'97 would have done me!
Get this man a medal :D