toggle

AAPL Stock: 102.99 ( + 0.52 )

Printed from http://www.macnn.com

Analyst consensus calls for Apple to beat official Q3 forecast

updated 10:15 am EDT, Mon July 21, 2014

Amateurs more optimistic than professionals

In tomorrow's results call, Apple may beat official revenue guidance for its fiscal third quarter, according to a consensus forecast compiled by Fortune. The magazine polled over two dozen analysts, and came up with a consensus of $38.4 billion, topping the $36-38 billion Apple predicted when revealing its Q2 results. The poll group was split between 15 professionals and 12 amateurs, of which the latter are said to be the most optimistic.

Topping guidance would be especially impressive given the lack of any major product launches in 2014. Apple has updated a few Macs, but not in any significant capacity. All of its most important updates are expected to come in the fall, including new iPhones and iPads. It should also finally unveil the iWatch in that timeframe.




by MacNN Staff

POST TOOLS:

TAGS :

toggle

Comments

Login Here

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

toggle

Network Headlines

toggle

Most Popular

MacNN Sponsor

Recent Reviews

Kenu Airframe Plus

Simple, stylish and effective, the Kenu Airframe + portable car mount is the latest addition to Kenu's lineup. Released earlier this ...

Plantronics Rig Surround 7.1 headset

Trying to capture the true soundscape of video games can be a daunting task. Looking to surround-sound home theater options, users hav ...

Adesso Compagno X Bluetooth keyboard

The shift from typing on physical keyboards to digital versions on smartphones and tablets hasn't been an easy for many consumers. Fr ...

toggle

Most Commented