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Briefly: Apple goes green, analysts post final guesses for fiscal Q2

updated 01:21 am EDT, Tue April 22, 2014

Apple stores adding green to 'leaf' in Apple logo for Earth Day

Continuing with the various environmentally-themed disclosures on Monday, Apple has begun decorating its Apple Stores for Earth Day on Tuesday by adding green gels to the "leaf" portion of the Apple logo on some stores. The changeover is happening worldwide, with pictures of the modified logo appearing from China and Australia that also include employees in green-colored work shirts.

Though Earth Day is usually a 24-hour event, reports are that Apple will keep the outfits and logo decoration in place for a week. The company is said to be planning an Earth Day event at its Cupertino headquarters tomorrow as well.

Apple logo green in Shanghai
Apple logo green in Shanghai


Analysts expect flat March quarter per Apple guidance

After much speculating and blather on Apple's fortunes in the company's fiscal second quarter, analysts from Wall Street and beyond rounded up by Fortune's Philip Elmer-DeWitt have put in their final guesses on what Apple will report on Wednesday -- and have come back to Apple's original guidance, expecting a final (consensus) number of $43.5 billion -- on the high side of Apple's $42-44 billion estimate and roughly flat from the year-ago quarter. Some 37 analysts, both pro and independent, weighed in for the final figures.

The group (consisting of 14 well-regarded amateur analysts and 23 pro pundits) is slightly more bullish on earnings per share (EPS), calling for an average of $10.35 -- slightly above the year-ago quarter. As is usually the case, the independents predict slightly higher earnings -- $10.53 -- against the Wall Street average of $10.18. The independents also believe Apple's revenue will be $43.66 billion, versus the pros' guess of $43.42 billion.

Apple will reveal its figures in its quarterly conference call on Wednesday, set for 5PM ET following the close of the markets. The call can be listened to live from Apple's Investor Relations page.




by MacNN Staff

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