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Technology Stocks : Apple Inc.
AAPL 272.99-0.3%Dec 30 3:59 PM EST

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To: Artslaw who wrote (33986)7/16/2002 9:35:30 AM
From: OX  Read Replies (1) of 213177
 
reported from tscm

Apple Computer (AAPL / Nasdaq)
Salomon Smith Barney
Apple will report 2CQ earnings this afternoon after the close. Our checks suggest that shipments of most product lines met or exceeded revised expectations. We expect iMac shipments of around 235,000 vs. our prior estimate of 220,000 and iBook shipments of around 160,000 versus our prior estimate of 120,000. These figures suggest revenue at the high end of mgmt's guidance of $1.40-1.45B and potentially several pennies of upside to consensus earnings of $0.09. Reiterate Buy rating.
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