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AAPL Stock: 123.25 ( -0.99 )

Printed from http://www.macnn.com

MacBook sales enhance AAPL estimates

updated 08:35 pm EDT, Thu April 10, 2008

MacBook buffs AAPL

Due to stronger-than-expected MacBook shipments, J. P. Morgan Securities today raised its second quarter estimates for Apple, saying that the above factor made up for slower iPod and iPhone sales. Thanks to the boost in portable sales, J.P. Morgan raised both Apple's second-quarter and 2008 yearly profit estimates from $1.05 and $4.94 per share, to $1.09 and $5.04 per share, respectively, according to Reuters. Mac shipments for the quarter are also estimated to be higher, at 2.11 million units, versus the earlier prediction of 1.97 million.

The iPhone is currently facing a few issues, such as stock shortage, and pressure regarding a potential 3G iPhone. One user discovered a 3G-capable chip system is already accounted for in the latest SDK release, indicating the upgrade could be any day now.




by MacNN Staff

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Comments

  1. Haroscarfel

    Joined: Dec 1969

    0

    computers?

    You mean apple makes computers to?

  1. ClevelandAdv

    Joined: Dec 1969

    0

    I don't think so.

    I thought they dropped Computers from their line, ya-know when they became just Apple. I mean those Macs were too expensive anyway and no one bought them.

    I miss my Powerbook 5300....on second thought I don't miss that one.

  1. MisterP

    Joined: Dec 1969

    0

    The iPhone IS a computer

    It's running a variation of OS X. SSH into it and you'll find it's all quite familiar.

  1. koolkid1976

    Joined: Dec 1969

    0

    re: i don't think so

    Well it was either Apple Computer iPod iPhone AppleTV Inc, OR just drop all the extra and go with Apple Inc.

  1. ZinkDifferent

    Joined: Dec 1969

    0

    any day now...

    > One user discovered a 3G-capable chip system > is already accounted for in the latest SDK release, > indicating the upgrade could be any day now

    ...or within any arbitrary time period that MacNN editors need to sound sensationalist.

    Right, because the presence of code in a piece of software that's in BETA and won't be released until JUNE, would indicate the release of accompanying hardware to be 'any day now'?

    Classic yellow journalism...

  1. ethical_paul

    Joined: Dec 1969

    0

    so funny

    Stick to your day job if you have one.

  1. testudo

    Joined: Dec 1969

    0

    Re: any day now

    And I thought this meant the imminent release of the much-anticipated and long-awaited Powerbook G5.

  1. JonathanBadeen

    Joined: Dec 1969

    0

    any day now

    by "any day now" I'm guessing you mean June 4th.

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