Tag Archive | "earnings"
Apple earnings estimate from a random blog commenter is more accurate than those from Wall St. analysts
Before Apple released its earnings report on Tuesday, we decided to conduct a little test to see just how full of shit analysts really are. We took a look at what the consensus for Apple’s earnings would be among Wall St. analysts, and we added into the mix the prediction of a random commenter we […]
Continue reading...Apple destroys earnings estimates, sells 5.2 million iPhones and 2.6 million Macs
Tuesday, July 21, 2009
Apple today reported its earnings from its third fiscal quarter and reported earnings of $1.35 a share on revenue $8.34 billion. Last year during the same quarter, Apple reported earnings of $1.19 a share on revenue of $7.46 billion. Apple’s solid earnings report utterly destroyed analyst estimates, which anticipated earnings of $1.17 a share on […]
Continue reading...Apple Earnings Preview – What the analysts are predicting
Monday, July 20, 2009
Comments Off on Apple Earnings Preview – What the analysts are predicting
Tomorrow after the market closes, Apple is set to announce its earnings for the quarter gone by. Below is a chart, courtesy of CNN, encapsulating a number of analyst predictions about the numbers Apple will reveal. Note how the estimates from the unqualified analysts are a lot higher than the ones from the Wall Street […]
Continue reading...JP Morgan raises earnings estimates and stock target for Apple
Friday, July 17, 2009
Analyst Mark Moskowitz of JP Morgan recently raised his target price for Apple Stock to $167.50, up from a previous target of $155. As an aside, since when do analysts give out price targets for stocks that include 50 cents? In any event, Moskowitz anticipates Mac sales of 2.5 million for the quarter, an increase […]
Continue reading...Credit Suisse anticipates Apple earnings of $1.13 per share
Wednesday, July 15, 2009
Comments Off on Credit Suisse anticipates Apple earnings of $1.13 per share
A few days ago, Credit Suisse analyst Bill Shope wrote in a note to clients that he expects Apple to report earnings of $1.13 a share on revenue of $8.14 Billion. Shope expects Apple to report 4.24 million iPhones sold for the quarter, with shipments of 2.4 million Macs. The consensus among analysts for Apple’s […]
Continue reading...Apple expected to report stellar earnings next week
Tuesday, July 14, 2009
Comments Off on Apple expected to report stellar earnings next week
Apple’s next earnings conference call is scheduled to take place on Tuesday July 21, 2009 and initial rumblings suggest that Apple is going to announce a blowout quarter. In a televised segment for CNBC last Friday, Jim Cramer predicted that Apple will report numbers that will “blow your socks off.” Take that one for what […]
Continue reading...Rumor: Steve Jobs to attend Apple’s Q3 Earnings Conference Call on July 21
Friday, July 10, 2009
Comments Off on Rumor: Steve Jobs to attend Apple’s Q3 Earnings Conference Call on July 21
Apple’s next earnings conference call is scheduled to take place on Tuesday July 21, 2009 at 2:00 PM Pacific Standard Time, and while the conference calls are typically only of interest to investors, things might be a little bit different this time around. LoopRumors is reporting that information relayed to them suggests that Steve Jobs […]
Continue reading...Apple to hold earnings conference call on July 21
Tuesday, June 30, 2009
Apple announced today that it plans to hold an earnings conference call relating to its third fiscal quarter on Tuesday July 21, 2009 at 2:00 PM Pacific Standard Time. Last quarter, Apple performed brilliantly as it surpassed $10 billion in quarterly revenue for the first time in its history, while recording its highest quarterly earnings […]
Continue reading...Morgan Stanley upgrades Apple Stock with $180 price target
Tuesday, May 26, 2009
Flip-flopping Morgan Stanley analyst Kathryn Huberty recently raised her price target for Apple Stock to $180, up from a previous target of $100. Huberty noted that the “iPhone is leading earnings growth that the market is missing”, while also “emerging as the clear leader in the battle over the mobile internet.” The core of our […]
Continue reading...The abusrdity of Wall Street
Friday, April 24, 2009
Apple, which just announced stellar earnings and astronomical iPhone growth is down in today’s trading. Microsoft, which just reported a drop in revenue for the first time in 23 years, is currently up $1.57.
Continue reading...Microsoft reports drop in revenue for first time in 23 years
Thursday, April 23, 2009
The New York Times reports: For the first time in Microsoft’s 23-year history as a public company, its sales dropped year-over-year. Microsoft, the world’s largest software company, said Thursday that its revenue fell 6 percent, to $13.7 billion from $14.5 billion, in the quarter that ended March 31. And it reported net income of $3.0 […]
Continue reading...Apple surpasses earnings expectations, stock up nearly 4 pts in after-hours trading
Wednesday, April 22, 2009
Did somebody say ‘recession’? If so, Apple apparently didn’t get the memo. As a number of tech companies continue to struggle to stay afloat in this tough economic environment, Apple has once again exceeded expectations with its latest earnings report. Apple handily beat Wall Street earnings estimates by a whopping 24 cents!, reporting EPS of […]
Continue reading...
Wednesday, July 22, 2009
2 Comments