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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?


To: pyslent who wrote (6960)7/20/2011 7:43:59 AM
From: sylvester80  Read Replies (1) | Respond to of 32692
 
Apple inventory skyrocketed the last 3 quarters.. and that explains the horrible guidance for Q4 since they will have to get rid of all that inventory (which they already accounted for in their sales figures in previous quarters) to make room for the new model. So Q4 will account for 5.9mil*$625=3.7bil less sales. No wonder CRAPple warned and guided lower from the analyst estimates of $6.5 EPS and $28b to a crashingly low $5.5 EPS and $25b....

Also they say 5.9mil is 4-6 weeks of inventory. That means actual sales are 15mil per quarter at the mid point and as low as 12.5 mil per quarter. Compare that with the ACTUAL SALES/ACTIVATIONS of 50 MILLION android superphones and growing 4.4% per week and accelerating, and you can see why CRAPple is trying to stop the Android onslaught with lawsuits