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.

Q3 Analyst Summary
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.

Popular Stories

maxresdefault

Five Features Coming to AirPods Pro 3

Friday June 27, 2025 10:52 am PDT by
Apple hasn't updated the AirPods Pro since 2022, and the earbuds are due for a refresh. We're counting on a new model this year, and we've seen several hints of new AirPods tucked away in Apple's code. Rumors suggest that Apple has some exciting new features planned that will make it worthwhile to upgrade to the latest model. Subscribe to the MacRumors YouTube channel for more videos. Heal...
iPhone Car Key WWDC 2025

Apple Announces 13 Automakers Planning to Offer iPhone Car Keys

Friday June 27, 2025 11:42 am PDT by
In 2020, Apple added a digital car key feature to its Wallet app, allowing users to lock, unlock, and start a compatible vehicle with an iPhone or Apple Watch. The feature is currently offered by select automakers, including Audi, BMW, Hyundai, Kia, Genesis, Mercedes-Benz, Volvo, and a handful of others, and it is set to expand further. During its WWDC 2025 keynote, Apple said that 13...
anker power bank recall

PSA: Anker Recalls Multiple Power Banks Due to Fire Risk

Friday June 27, 2025 4:16 pm PDT by
Popular accessory maker Anker this month launched two separate recalls for its power banks, some of which may be a fire risk. The first recall affects Anker PowerCore 10000 Power Banks sold between June 1, 2016 and December 31, 2022 in the United States. Anker says that these power banks have a "potential issue" with the battery inside, which can lead to overheating, melting of plastic...
Chase Sapphire Reserve Apple Perk Feature

Chase Sapphire Reserve Card Introduces New Perk for Apple Customers

Wednesday June 25, 2025 2:08 pm PDT by
Chase this week announced a series of new perks for its premium Sapphire Reserve credit card, and one of them is for a pair of Apple services. Specifically, the credit card now offers complimentary annual subscriptions to Apple TV+ and Apple Music, a value of up to $250 per year. If you are already paying for Apple TV+ and/or Apple Music directly through Apple, those subscriptions will...
iPhone 17 Pro Blue Feature Tighter Crop

iPhone 17 Pro Launching in a Few Months With These 12 New Features

Thursday June 26, 2025 2:00 am PDT by
Apple's next-generation iPhone 17 Pro and iPhone 17 Pro Max are around three months away, and there are plenty of rumors about the devices. Apple is expected to launch the iPhone 17, iPhone 17 Air, iPhone 17 Pro, and iPhone 17 Pro Max in September this year. Below, we recap key changes rumored for the iPhone 17 Pro models:Aluminum frame: iPhone 17 Pro models are rumored to have an...
A18 Pro Chip

New MacBook With A18 Pro Chip Spotted in Apple Code

Monday June 30, 2025 8:05 am PDT by
Apple is developing a MacBook with the A18 Pro chip, according to findings in backend code uncovered by MacRumors. Earlier today, Apple analyst Ming-Chi Kuo reported that Apple is planning to launch a low-cost MacBook powered by an iPhone chip. The machine is expected to feature a 13-inch display, the A18 Pro chip, and color options that include silver, blue, pink, and yellow. MacRumors...
macbook air spacegray purple

Apple Planning to Launch Low-Cost MacBook Powered By iPhone Chip

Monday June 30, 2025 3:20 am PDT by
Apple is planning to launch a low-cost MacBook powered by an iPhone chip, according to Apple analyst Ming-Chi Kuo. In an article published on X, Kuo explained that the device will feature a 13-inch display and the A18 Pro chip, making it the first Mac powered by an iPhone chip. The A18 Pro chip debuted in the iPhone 16 Pro last year. To date, all Apple silicon Macs have contained M-series...
CarPlay Ultra Climate Controls

Here's Which Vehicle Brands Will and Won't Offer Apple's CarPlay Ultra

Friday June 27, 2025 9:52 am PDT by
Apple last month announced the launch of CarPlay Ultra, the long-awaited next-generation version of its CarPlay software system for vehicles. There was news this week about which automakers will and won't offer CarPlay Ultra, and we have provided an updated list below. CarPlay Ultra is currently limited to newer Aston Martin vehicles in the U.S. and Canada. Fortunately, if you cannot...
apple watch ultra 2 new black

Apple Watch Ultra 3 Finally Coming After Two-Year Hiatus

Tuesday June 24, 2025 3:40 am PDT by
Apple will finally deliver the Apple Watch Ultra 3 sometime this year, according to analyst Jeff Pu of GF Securities Hong Kong (via @jukanlosreve). The analyst expects both the Apple Watch Series 11 and Apple Watch Ultra 3 to arrive this year (likely alongside the new iPhone 17 lineup, if previous launches are anything to go by), according to his latest product roadmap shared with...

Top Rated Comments

needfx Avatar
156 months ago
my mental projection of analysts is a group headless chickens running in all directions

except Kuo of course. he's the rooster
Score: 5 Votes (Like | Disagree)
ka-spot Avatar
156 months ago
Awesome! Where is the new haswell retinas?
Score: 4 Votes (Like | Disagree)
nutjob Avatar
156 months ago
Quick survey: how many people are more than 30% underwater on their AAPL?

LOL
Score: 3 Votes (Like | Disagree)
powers74 Avatar
156 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.
Score: 3 Votes (Like | Disagree)
FrozenDarkness Avatar
156 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+
Score: 2 Votes (Like | Disagree)
ValSalva Avatar
156 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...
Score: 2 Votes (Like | Disagree)