AAPL Stock: 118.03 ( -0.85 )

Printed from

Analyst consensus hints at $58.1B in revenue for Apple's Q1 2014

updated 11:01 am EST, Mon January 27, 2014

Results to be announced later today

Analyst consensus appears to point to $58.1 billion in revenue and $14.36 in earnings per share for Apple's Q1 2014 results, Fortune writes. The figures are based on 29 professional analysts and 18 amateurs. Year-over-year, they would represent a 6.6 growth for revenue, and a four percent growth for earnings.

Fortune observes that they would also mark something of a turnaround for Apple, which has seen earnings shrink for three quarters in a row. For nine quarters between 2010 and 2012, by contrast, Apple was growing earnings by 50 percent or more, riding high on the iPhone and iPad.

In general, independent analysts are more bullish than the professionals this quarter. The highest independent forecast comes from Nicolae Mihalache, who anticipates $60.93 billion in revenue and $16 in EPS. The most optimistic professional numbers -- $59.88 billion and $15 EPS -- come from Credit Suisse's Kulbinder Garcha. The lowest prediction among both groups comes from Societe Generale's Andy Perkins, who expects $55.4 billion and $14.10.

Apple is due to announce its Q1 data later this evening, after the conclusion of trading on the NASDAQ exchange.

by MacNN Staff




  1. pairof9s

    Senior User

    Joined: 01-03-08

    Funny how they keep pushing these numbers up to unrealistic levels, which in turn causes a massive sell off and dramatic 5-8% drop off in Apple's stock price, once the true figures show a lower number.

Login Here

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


Network Headlines

Follow us on Facebook


Most Popular


Recent Reviews

Ultimate Ears Megaboom Bluetooth Speaker

Ultimate Ears (now owned by Logitech) has found great success in the marketplace with its "Boom" series of Bluetooth speakers, a mod ...

Kinivo URBN Premium Bluetooth Headphones

We love music, and we're willing to bet that you do, too. If you're like us, you probably spend a good portion of your time wearing ...

Jamstik+ MIDI Controller

For a long time the MIDI world has been dominated by keyboard-inspired controllers. Times are changing however, and we are slowly star ...


Most Commented