Consumer Electronics
Apple's Guidance Looks Light Rather Than Just Conservative (AAPL)
Published:
Last Updated:
Apple Inc. (NASDAQ: AAPL) has posted EPS at $1.76 on its earnings today with $9.6 Billion revenues; Estimates out of First Call were $1.62 EPS on revenues of $9.47 Billion.
Next quarter is looking very light after we warned that "conservative numbers" might be taken differently this time compared to Wall Street always giving the company a pass on light guidance. It sees $0.94 EPS and revenues at around $6.8 Billion, But… estimates are $1.09 EPS on $6.98 Billion in revenues.
- 22.121 million iPods,under some estimates north of 24 million.
- roughly 2.315 million iPhones sold.
- shipped 2.319 million Mac’s.
Apple closed down $5.72 or -3.54% at $155.64 in regular trading and the 52-week trading range is $82.86 to $202.96. Unfortunately shares are down almost 10% at $140.10 in after-hours trading. A weak consumer may have a hard time justifying a new lighter laptop that runs some $1,800 before you turn anything extra on it.
Jon C. Ogg
January 22, 2008
Sponsored: Want to Retire Early? Start Here
Want retirement to come a few years earlier than you’d planned? Orare you ready to retire now, but want an extra set of eyes on your finances?
Now you can speak with up to 3 financial experts in your area for FREE. By simply clicking here you can begin to match with financial professionals who can help you build your plan to retire early. And the best part? The first conversation with them is free.
Click here to match with up to 3 financial pros who would be excited to help you make financial decisions.
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.
Editors' Picks
