toggle

AAPL Stock: 122.77 ( -1.73 )

Printed from http://www.macnn.com

Apple earnings due after market close, preview

updated 03:45 pm EDT, Wed April 25, 2007

AAPL earnings preview

Apple is preparing to unveil the financial results of its March quarter today after the market closes with one site offering some earnings preview data on Apple's stock and earnings. Wall street analysts are expecting earnings-per-share of $0.64 and revenues of $5.17 billion, and expect the June quarter to produce $0.67 earnings-per-share alongside revenue of $5.45 billion. Wall Street is bustling with rumors, however, that Apple is to report between $0.67-$0.69 earnings-per-share. The quarter will include initial AppleTV sales and guidance, and is likely to reflect Apple's progress in the stock options scandal which most analysts agree clears current management of any wrongdoing.

"Apple has a history of under-promising and over-delivering on guidance; and on most occasions traders have greeted this based on the actual results rather than what they think is intentionally conservative guidance," the site notes.

Apple itself projected earnings-per-share of $0.54 to $0.56 this quarter, with $4.8 to $4.9 billion in revenues.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

Not a member of the MacNN forums? Register now for free.

toggle

Network Headlines

Follow us on Facebook

toggle

Most Popular

Advertisement

Recent Reviews

15-inch MacBook Pro with Force Touch

Apple's 15-inch Retina MacBook Pro continues to be a popular notebook with professional users and prosumers looking for the ultimate ...

Typo keyboard for iPad

Following numerous legal shenanigans between Typo -- a company founded in part by Ryan Seacrest -- and the clear object of his physica ...

Entry-level 27-inch Retina iMac

The 27-inch Apple iMac with 5K Retina display is already one of the best value-for-money Macs that Apple has ever released. It was som ...

toggle

Most Commented