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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."
No really…
01/12, 11:44am reply
I cannot even work out where 4.8 million came from, given that Apple said in September that it would be producing 1 million units/month.
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…
MCCFR
Fresh-Faced Recruit
Joined: Aug 2004