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Technology Stocks : Apple Inc.
AAPL 255.53-1.0%Jan 16 9:30 AM EST

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To: RX4PROFIT who wrote (45853)7/13/2005 3:43:21 PM
From: William F. Wager, Jr.  Read Replies (1) of 213182
 
Wall Street consensus is that Apple will post a profit of 31 cents a share on $3.34 billion in sales. This estimate is significantly above the company's own outlook; back in April, Apple officials forecast the company would earn 28 cents a share in the quarter on $3.25 billion in sales.

Either way, the result would be a significant improvement over the year-earlier period, when Apple earned $61 million, or about 8 cents a share, on $2.01 billion in sales.

Similarly, for next year, the sell-side consensus is for a profit of $1.54 a share on $16.31 billion in revenue, which would improve upon this year's predicted results of EPS of $1.33 on sales of $13.7 billion.

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