toggle

AAPL Stock: 130.8 ( -0.98 )

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

Notti smart lamp from Witti

Perhaps you've already seen our review of the Dotti LED display from Witti Design. Meet Notti, Dotti's "sibling". Notti is a softb ...

Seagate Personal Cloud (2-Bay)

When it comes to backing up files, many users are now looking to the myriad of cloud storage solutions available. There is no doubt th ...

Leitz Icon Label Printer

When you say the words "label printer" to people, they either just really don't care, or they get incredibly excited. This is one o ...

toggle

Most Commented