Roundup of Analyst Expectations Ahead of Q3 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 68 analysts: 34 "independent" and 34 "institutional" who work for large investment houses or research organizations.

NewImage
As usual, the independents are much more bullish than the institutional analysts. The independent consensus expects earnings per share (EPS) of $12.31 on revenue of $41.49 billion. The institutional consensus is EPS of $10.33 on $37.21 billion in revenue. This is a 12% difference on revenue and a 19% difference on EPS.

Apple will announce its earnings for the third fiscal quarter of 2012 (second calendar quarter of 2012) 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. MacRumors will have live coverage of the proceedings.

Last quarter the company earned $11.6 billion in profit on revenue of $39.2 billion. For the second fiscal quarter, Apple has issued guidance of $34 billion in revenue with profits of $8.68 per share. The company typically exceeds its guidance by a significant margin.

Top Rated Comments

hobo.hopkins Avatar
139 months ago
I find it pretty hard to believe that the 13" MBP is the top volume model. You almost never see them, where as a lot of people have the 15". The 13" Air, on the other hand, is extremely popular.
My experience has been the exact opposite. I see almost exclusively 13" MacBook Pros at University settings.
Score: 4 Votes (Like | Disagree)
cvaldes Avatar
139 months ago
LOL, ace (*cough cough*) ANAL-yst Huberty is lowballing this one, coming in at the bottom.
How does she still have a job?
Because technology media sites (MacRumors, AppleInsider, etc.) will post her lunatic babblings to generate pageviews.
Score: 3 Votes (Like | Disagree)
cvaldes Avatar
139 months ago
I'm sticking to my guns (https://forums.macrumors.com/showthread.php?p=14770679&posted=1#post14770679).

$12.35 EPS on $40.1B revenue

LOL, ace (*cough cough*) ANAL-yst Huberty is lowballing this one, coming in at the bottom.

:p
Score: 3 Votes (Like | Disagree)
BrownManUPS Avatar
139 months ago
Hope to hear about the ML release tomorrow.
Score: 3 Votes (Like | Disagree)
Reason077 Avatar
139 months ago
Looks likely to be another blowout quarter from Apple.

The Mac numbers will be interesting, however. Will the Retina MacBook be enough to reverse the poor sales growth seen recently?
Score: 3 Votes (Like | Disagree)
cvaldes Avatar
139 months ago
But her company loses credibility. I'd never invest with Morgan Stanley or even recommend them because they refuse to fire someone like her. Oh well.
Morgan Stanley probably has hundreds of analysts covering all sorts of industries. The track record of one specific individual is irrelevant (except to anyone listening to that person).

Huberty is very consistent in her ineptitude, so one can use her predictions, not as what Apple will do, but as what Apple will not do.

She definitely is not a star-rated analyst, although that never stops MacRumors/AppleInsider/other sites from quoting her. Like I said, her nonsensical reports generate pageviews.

----------


Roundup of Customer Expectations After Q3 2012 Earnings Call
New Mini
New iMac
New TB Display
Apple generally announces new hardware products on Tuesdays, so it is unlikely that Apple will release these the day after an analyst conference call.

More likely would be the availability of OS X 10.8 Mountain Lion. Apple has already covered the features several times, including WWDC, so the arrival is a foregone conclusion. Apple released 10.7 Lion the day after their Q2FY2011 call, so it's a far more likely scenario.
Score: 2 Votes (Like | Disagree)

Popular Stories

dynamic island

iPhone 15 Dynamic Island to Include New Integrated Proximity Sensor

Friday March 24, 2023 12:27 am PDT by
This year, all iPhone 15 models will include Apple's Dynamic Island that unifies the pill and hole cutouts at the top of the display, but there will also be a material change to the feature that wasn't included in the iPhone 14 Pro models. According to a new tweet by Apple industry analyst Ming-Chi Kuo, the proximity sensor on the iPhone 15 series will be integrated inside the Dynamic Island ...
apple park at night 1

Apple 'Tracking Employee Attendance' in Crackdown on Remote Working

Thursday March 23, 2023 3:41 am PDT by
Apple is tracking the attendance of its employees at offices using badge records in order to ensure they are coming in at least three times a week, according to Platformer's Zoë Schiffer. Since April 2022, Apple employees have been operating on a hybrid home/office work policy as part of a gradual return strategy following the pandemic, with staff required to work from the office at least...
iphone 14 pro max deep purple feature purple

iPhone 15 Pro Rumor Recap: 10 New Features and Changes to Expect

Thursday March 23, 2023 6:42 am PDT by
While the iPhone 15 series is still around six months away from launching, there have already been plenty of rumors about the devices. Many new features and changes have been rumored for the iPhone 15 Pro and iPhone 15 Pro Max in particular. Below, we have recapped 10 changes rumored for iPhone 15 Pro models that are not expected to be available on the standard iPhone 15 and iPhone 15 Plus:A1...
maxresdefault

Nothing Launches $149 Ear (2) Wireless Earbuds to Compete With AirPods Pro 2

Wednesday March 22, 2023 9:48 am PDT by
Nothing today announced the launch of its second-generation wireless earbuds, the Nothing Ear (2), which offer many of the same features as Apple's AirPods Pro 2 at a lower price point. We went hands-on with the Ear (2) earbuds to see whether they're a viable alternative to the AirPods Pro 2 for those who want to save some cash. The Ear (2) earbuds are the successor to the Nothing Ear (1),...
TMobile Sprint

Apple Stops Allowing Sprint iPhone Activations, Removes Sprint References From Online Store

Thursday March 23, 2023 12:06 pm PDT by
Apple is no longer allowing customers who purchase an iPhone, cellular iPad, or Apple Watch to activate a device with now-defunct mobile carrier Sprint. Apple has also removed remaining references to Sprint from its online store. When checking out with a new purchase, Sprint is no longer an option for connectivity, a change that Apple appears to have implemented today. Prior to now, Sprint...
iOS 16

iOS 16.4 for iPhone Nearing Launch With These 5 New Features

Monday March 20, 2023 11:50 am PDT by
Apple says iOS 16.4 is coming in the spring, which began this week. In his Sunday newsletter, Bloomberg's Mark Gurman said the update should be released "in the next three weeks or so," meaning a public release is likely in late March or early April. iOS 16.4 remains in beta testing and introduces a handful of new features and changes for the iPhone. Below, we have recapped five new features ...
Hero0009

Best Apple Deals of the Week: Samsung's Smart Monitor M8 Gets Massive $250 Discount, Along With Year's Best AirPods Prices

Friday March 24, 2023 10:23 am PDT by
We saw a lot of great deals on Apple products and related accessories this week, including Samsung's iMac-like Smart Monitor M8 for $250 off, a 30 percent off spring sale at Anker, and the year's best prices on numerous AirPods models. All of these deals are still available to purchase right now, so we're recapping them and more below. Note: MacRumors is an affiliate partner with some of these ...
top stories 25mar2023

Top Stories: iPhone 15 Pro Design Leak, iOS 16.4 Coming Soon, and More

Saturday March 25, 2023 6:00 am PDT by
We're still almost six months away from the official unveiling of the iPhone 15 lineup, but it seems like every day we're learning more about what to expect from the next-generation models. Notably, this week gave us our clearest look yet at what appear to be some changes for the volume and mute control hardware. iOS 16.4 and associated releases are also right around the corner with some new ...