updated 11:05 am EST, Fri January 7, 2005
More positive news on AAPL
Yet another analyst has , according CBSMarketWatch.com: "First Albany overnight raised its earnings estimate for Apple's fiscal first December quarter to 50 cents a share from its prior projection for earnings at 47 cents a share. Apple is expected to update on its quarter next Wednesday and has guided for earnings from 39 cents to 42 cents a share. 'Expectations are running high, as we think investors may be anticipating 4.5-5.0 million iPods and at least 50 cents earnings per share. Nevertheless, we expect consensus estimates for FY05 to take another step function upward, which should enable further appreciation.'"