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AAPL Stock: 111.78 ( -0.87 )

Printed from http://www.macnn.com

Apple set to deliver \'very positive earnings\'

updated 10:25 am EST, Wed January 12, 2005

Positive AAPL financials

With Apple's earning expected to be released after market close today, Credit Suisse First Boston says that Apple will "", according to a report by Forbes. The analyst affirmed its December quarter estimates $3.3 billion in revenue and $0.55 EPS, despite lower-than-expected iPod shipments: "While first-quarter iPod shipments were at 4.5 million units, below CSFB's 4.8 million estimate, the firm said Apple is well-positioned 'to deliver another strong performance in the March [fiscal second] quarter.'" The report said that new Mac mini would enable Apple to--at a minimum--hold market share in the future and "on a longer-term basis the Mac mini will drive future hardware and software upgrades."




by MacNN Staff

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