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Investing

Apple’s Earnings Could Blow Past Estimates (AAPL)

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By Paul Ausick Published
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Apple Inc. (NASDAQ: AAPL) reports earnings after markets close today, and at least one observer thinks that consensus estimates will be left in the rear-view mirror. The consensus estimate calls for EPS of $10.08 on revenue of $38.85 billion. In its third quarter of 2011, Apple missed the EPS estimate by more than -7%, a rare thing for the company these days.

Over at the WSJ blog All Things Digital, one writer is predicting a “blowout” quarter based on total iPhone sales of more than 30 million units during the quarter. The estimate for iPad shipments is around 14 million units and Apple is expected to ship about 5 million Macs as well.

That’s an awful lot of hardware, and Apple’s margins are the industry’s highest. Could be a blowout indeed.

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This compensation and any current or future ownership interest could create a conflict of interest. Please consider this disclosure alongside EnergyX's offering materials. EnergyX's Regulation A offering has been qualified by the SEC. Offers and sales may be made only by means of the qualified offering circular. Before investing, carefully review the offering circular, including the risk factors. The offering circular is available at invest.energyx.com/.

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About the Author Paul Ausick →

Paul Ausick has been writing for 247Wallst.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

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