SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Apple Inc.
AAPL 278.28+0.1%Dec 12 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Eric Yang who wrote (11754)4/18/1998 12:04:00 AM
From: Sam Scrutchins  Read Replies (2) of 213176
 
Don't mean to be a eager beaver but I took a look at the numbers for Q3. The consensus estimate for Q3 is currently at $0.24. I haven't done a detailed analysis yet but using some rough estimate it looks like Apple should be able to more than double that this quarter.

Eric,

You want to be an eager beaver? Go for it. I'm sure most of us wanted you to publish your new numbers Thursday morning.

Just a couple of words of caution for Q3. I would imagine that Apple will be selling a greater percentage of computers to education institutions and students going to college this summer. I'm not sure how that will play out, but I imagine that many sales in Q2 were of the upgrade variety to patrons who were willing to pay top dollar for the G3. This may be less of a factor in Q3, so margins may not be as significant as they were in Q2. In this respect, please quantitfy how much each percentage change in margins will affect the bottom line. I was never able to get your spreadsheet to work in the Wintel environment, so I need to know this from you.

Also, and as pointed out by at least one analyst, much of Apple's profit was attributed to tax loss carryforwards. It is not clear to me why Apple had to make any provisions for income taxes in Q2 given its large losses last year, but apparently they did. At some point, these carryforwards will go away, but I do not know exactly when that will happen. I suppose it is possible that it could affect Q3.

Please respond on how significant you think these factors will be.

Sam
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News