Help, Guides, and News on making the Switch To Apple Macintosh Computers
On Monday August 17, 2009 Piper Jaffray analyst Gene Munster suggested that Apple will sell upwards of 2.8 million Macs in the current fiscal quarter (Q4 2009), a period that covers July, August, and September.
On April 22, 2009 Apple reported earnings for its fiscal 2009 second quarter that ended on March 28, 2009. Although Apple's CFO commented that the quarter was "the best non-holiday quarter revenue and earnings in our history", Mac shipments were the lowest in 1.5 years and experienced their first year-over-year (year/year) drop in 5.5 years.
Apple released their fiscal 2008 fourth quarter earnings on Tuesday October 22 and reported that profits rose more than 26 percent to $1.14 billion on sales of $7.9 billion for the three-month period that ended on September 27, 2008. Apple shipped 2,611,000 Macintosh computers during the quarter.
FP Trading Desk reports that the Royal Bank of Canada's investment banking division published an opinion today that Apple may sell upwards of 3.04 million Macs during the current quarter which runs from July to the end of September.
Apple's earnings are due out today at 2pm PST. Wall Street analysts are looking for earnings ranging from 59 cents to 69 cents per share on revenue of $5.7 billion for the December quarter. Estimate have moved up following Steve Jobs' keynote speech at last week's Macworld Expo. The EPS estimates ranges from $1.95 to $2.53. Fiscal year 2006 estimates range from $19.4 billion to $22.3 billion, an increase of $2 billion to $3 billion over 2005.
Apple Computer Inc. Chief Executive Steve Jobs stated at Macworld 2006 that sales for Apple's December quarter exceeded expectations on strong demand for the company's iPod music players. Revenue for the quater came in at $5.7 billion, well above the $5.04 billion average estimate of analysts. In addition, the company's retail stores posted revenue of more than $1 billion for the first time in their history. Shares soared to a record high following the announcement.