toggle

AAPL Stock: 116.47 ( + 0.16 )

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

Plantronics BackBeat Pro Bluetooth headphones

Looking for a pair of headphones that can do everything a user requires is a task that can take some study. Trying to decide on in-ear ...

MaxUpgrades 512GB Retina MacBook Pro SSD

Apple's Retina line of MacBook Pro notebooks have been impressive, right from their debut in 2012. Thinner than the previous model, t ...

Lemur BlueDriver

"Oh no, the check engine light is on…again! What one of the hundreds of reasons could it be this time? Probably going to cost a for ...

toggle

Most Commented