financial/investor
01/12/2005, 10:25am, EST
Wednesday, January 12th
Apple set to deliver 'very positive earnings'
With Apple's earning expected to be released after market close today, Credit Suisse First Boston says that Apple will "deliver a very positive earnings", according to a report by Forbes. The analyst affirmed its December quarter estimates $3.3 billion in revenue and $0.55 EPS, despite lower-than-expected iPod shipments: "While first-quarter iPod shipments were at 4.5 million units, below CSFB's 4.8 million estimate, the firm said Apple is well-positioned 'to deliver another strong performance in the March [fiscal second] quarter.'" The report said that new Mac mini would enable Apple to--at a minimum--hold market share in the future and "on a longer-term basis the Mac mini will drive future hardware and software upgrades."
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The fact that they sold 4.5 million units in a quarter is surely an achievement on any number of levels…
1) More than double the previous quarter's sales.
2) More than six times the sales of the same quarter last year
3) Increased the cumulative sales of iPods by 500% in a single calendar year
4) Doubled the cumulative sales of iPods in the last six months of calender 2004.
5) I'm bored now…