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Research

  1. Estimating Fourth Quarter Earnings for Apple

    · · Research

    We expect revenue to be about $18 billion compared to $12.2 billion in the September quarter last year. We expect gross margins to be about 35%… We are targeting EPS of about $3.44. via Apple Inc. AAPL Q3 2010 Earnings…

  2. 3Q review: The iPod revenues increase again

    · · Research

    The iPod touch increased sales 48% year-over-year. The continuing mix shift toward iPod touch resulted in an overall iPod ASP increase of 12% to $164 (up from $143) generating total iPod revenue growth of 4%. Units…

  3. 3Q review: Mac units grow 33%

    · · Research

    Apple Reports Third Quarter Results. I was surprised by the poor predictions of Mac units by the analyst community with estimates ranging from 2.86 million to 3.51. It was fairly clear to me early in the quarter that the…

  4. 3Q review: iPhone revenues grow 74%

    · · Research

    Calling the iPhone this quarter was going to be a challenge. This was a transition quarter where an old lead model would be replaced with a new one. The launch of the iPhone 4 was going to affect the volumes, but nobody…

  5. Accuracy of Sales and Earnings Estimate

    · · Research

    Earnings Smackdown: The best and worst Apple analysts – Apple 2.0 – Fortune Tech. From the data above, it’s clear that although my accuracy on units and sales was pretty good, my EPS was too high. The reason for this was…

  6. Accuracy of Apple unit volume forecast

    · · Research

    From Apple’s FQ3 press release: “Apple sold 3.47 million Macs during the quarter, representing a new quarterly record and a 33 percent unit increase over the year-ago quarter. The Company sold 8.4 million iPhones in the…

  7. Double dip, with sprinkles on top

    · · Research

    Apple just had its best quarter ever with net income rising 78 percent to $3.51 per share. Revenue rose 61 percent, to $15.7 billion. On average, Wall Street analysts had expected Apple to report net income of $3.12 a…