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Technology Stocks : Apple Inc.
AAPL 259.35+0.1%Jan 9 9:30 AM EST

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To: Road Walker who wrote (122663)12/7/2011 8:38:44 AM
From: slacker711  Read Replies (1) of 213182
 
Sterne analysts said that they now expect the firm to earn $10 a share on $37.7 billion of revenue. Apple has suggested to analysts it would earn $9.30 a share on revenue of $37 billion in the quarter.

It is interesting to note that analysts are now pretty closely centered around Apple's guidance. The odd part is that while they missed analyst expectations last quarter, they beat their own earnings guidance by nearly 30%.

I stated that Apple's earnings expectations seemed as high as I could remember last quarter....they are now as low as I can remember. Amazing swing.

Slacker
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