Apple's Beats brand in April unveiled the Powerbeats Pro, a redesigned wire-free version of its popular fitness-oriented Powerbeats earbuds.
Roundup of Analyst Expectations Ahead of Q3 2013 Earnings Call
Philip Elmer-Dewitt has assembled his quarterly list of analyst predictions ahead of Apple's earnings report this afternoon. The list includes estimates from 59 analysts: 21 "independent" and 38 "institutional" who work for large investment houses or research organizations.
Apple's stock price remains down significantly from its highs of last year, and investors are concerned about Apple's growth prospects across both existing and potential new product lines.
As far as hardware goes, Apple only introduced new MacBook Air models during the past quarter, and only in the final month. The company is not expected to introduce new iPhone models -- its financial bread and butter -- before the last month of Q4.
Two quarters ago, Apple changed how it provides financial guidance, choosing to offer a range of guidance for what the company believes it can achieve, rather than a point prediction. Apple provided guidance for the third quarter for revenue of between $33.5 and $35.5 billion and gross margin between 36% and 37%.
Last year, in the third quarter of 2012, Apple reported a profit of $8.8 billion on $35 billion in revenue.
Apple will announce its earnings for the third fiscal quarter of 2013 (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.
Apple's stock price remains down significantly from its highs of last year, and investors are concerned about Apple's growth prospects across both existing and potential new product lines.
As far as hardware goes, Apple only introduced new MacBook Air models during the past quarter, and only in the final month. The company is not expected to introduce new iPhone models -- its financial bread and butter -- before the last month of Q4.
Two quarters ago, Apple changed how it provides financial guidance, choosing to offer a range of guidance for what the company believes it can achieve, rather than a point prediction. Apple provided guidance for the third quarter for revenue of between $33.5 and $35.5 billion and gross margin between 36% and 37%.
Last year, in the third quarter of 2012, Apple reported a profit of $8.8 billion on $35 billion in revenue.
Apple will announce its earnings for the third fiscal quarter of 2013 (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.
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75 months ago
my mental projection of analysts is a group headless chickens running in all directions
except Kuo of course. he's the rooster
except Kuo of course. he's the rooster
75 months ago
Talk about going private
Stock price. Harrumph.
If anyone should it's Apple, not Dell.
Wouldn't it just be Apple's style? Use a system that serves it's purpose for the time, and then drop it like a bad habit the moment it becomes feasible to do so.
Stock price. Harrumph.
If anyone should it's Apple, not Dell.
Wouldn't it just be Apple's style? Use a system that serves it's purpose for the time, and then drop it like a bad habit the moment it becomes feasible to do so.
75 months ago
Oh man, here we go again. Now the expectations have gone down so low, I wonder if Apple will surprise us to the up side this time.
correction: now that expectations are so low, they're actually within Apple's realistic guidance. that's the world I live in.
It's like if you told your parents, hey i expect to get a B+ for the quarter, I know this because of all the work and grades I've gotten so far and they still expect you to get an A and are disappointed when you come home with a B+
75 months ago
Let another stock bloodbath begin.
Sadly it seems nothing Apple could realistically announce later will change this. It feels almost pre-programmed. The sharks are circling...
75 months ago
Has Apple every announced product updates on these earnings calls? A Haswell update to the MacBook Pro line wouldn't be out of the question, but maybe they will wait until they release the updated iPad in a month or two, or as part of the iPhone event. They didn't do themselves any favors by updating most of their product lines last fall and then not announcing anything new until Haswell. I think most analysts are tools, but Apple has to recognize that staying in the news cycle is an important part of their marketing strategy. Perception is reality for many consumers.
Personally, I would want TB2 in a Haswell MBP.
Perhaps Apple is of the same mind?
----------
Does this mean no iPhone 5S until December?
September 30 is end of Q4, and as the rumors predict, Apple should announce the new iPhone(s) before then.
75 months ago
I personally hope Apple doesn't wait. I think Thunderbolt has missed its window to catch on with the masses (and I'm using a Thunderbolt display as I type this). USB 3 is good enough for the majority of users, Thunderbolt peripherals cost too much, and outside Apple's own ecosystem, Thunderbolt is losing what little momentum it had (this matters; see FireWire).
You are quite right. The masses are happy with USB 3.0.
Not all find it sufficient.
https://thunderbolttechnology.net/tech/how-it-works
The more you understand TB, the less you will tout USB 3.0 as "good enough".
75 months ago
Has Apple every announced product updates on these earnings calls?
I don't think so and that would be an awkward presentation anyway. These are analysts, not tech reviewers. Plus, it would probably (perhaps rightfully) be seen as a desperate, pathetic attempt to mitigate bad numbers by saying "But hey, look at this shiny object over here!"
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