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.
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.
Popular Stories
When the iPhone Duo launched, we shared a list of some of the fun apps developers created for the new form factor. Two weeks out, developers are continuing to come up with fresh ideas, so we thought we'd share some of our favorites.
Games
Marbles Unhinged ($2.99) - Marbles Unhinged is a marble maze designed for the Duo. When you fold it, the floor turns into a ramp. If you stand the top...
Apple has made a change to its development process for iOS 28, macOS 28, and corresponding software updates, according to Bloomberg's Mark Gurman.
In his Power On newsletter today, he said Apple separates development of each year's new operating systems into three major stages. Typically, he said each stage consists of four weeks of coding followed by a four-week "convergence" period where...
Apple is launching five new products on Friday, November 6, following pre-orders that opened last week, including its first touchscreen MacBook Pro models.
The following new products will be available from today:
iPad mini with OLED display and A20 Pro chip
iMac with M6 chip
14-inch MacBook Pro with M6 chip
14-inch MacBook Pro with OLED touchscreen
16-inch MacBook Pro with OLED...
