Apple set to deliver 'very positive earnings'
updated 10:25 am EST, Wed January 12, 2005
Positive AAPL financials
With Apple's earning expected to be released after market close today, Credit Suisse First Boston says that Apple will "", 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."
