Lots of anticipation on these numbers, they have to show big numbers Here, via Bloomberg's terminal, is what analysts are expecting from Apple: Revenue: $67.5 billion, which would be up 17% year over year. Earnings Per Share: $2.60, which would be up 25% year over year. iPhone units: 65 million, which would be up 27% year over year (whisper number is closer to 69 million). iPhone average selling price (ASP): $668 (it was $602.92 for the previous quarter). iPad units: 22 million, down 14% year over year. iPad ASP: $436 Mac units: 5.5 million units, up 15% year over year. iPod units: 3.5 million. Gross Margin: 38.5%. March quarter revenue guidance: $53.70 billion.
Record first quarter earnings. This was obvious ....if they never released the iphone 6 with the bigger screen this would have been a good short....new phone gave them just what they wanted. Record breaking quarter...should be at new highs by end of week.
The company reported earnings of $3.06 per share on revenue of $74.6 billion.Analysts had expected Apple [AAPL 109.14 -3.96 (-3.50%) ] to report earnings of about $2.60 a share on $67.69 billion in revenue, according to a consensus estimate from Thomson Reuters.Of 43 analysts polled on EPS, the most optimistic of the bunch expected earnings of $2.97 per share. Of 40 analysts polled on revenue, the most optimistic expected sales of $74.27 billion.Sales of iPhones hit 74.5 million units versus a 65.7 million estimate. Sales of the iPad hit 21.4 million units versus a 22.2 million unit estimate.Apple's cash pile rose to almost $178 billion, up 15 percent from the prior quarter.
An Apple a Day: This afternoon, Apple will report its quarterly earnings. Sales of its iPhone 6 line is expected to hit record levels, and revenue is projected to come in at $67.5 billion in Q1 – more sales in a three-month period than Google Inc. (Nasdaq: GOOG) generated in all of 2014. Q1 AAPL earnings will break records when delivered today (Tuesday), led by blockbuster sales of the iPhone 6. Every indication points to Apple Inc. (Nasdaq: AAPL) walloping expectations when the Cupertino, Calif.-based tech titan reports earnings after market close. Here's a breakdown of what to expect from Apple stock and why this remains one of the best stocks to own in the 2015.
Maybe, maybe not. Sure, a big gap is coming (+8%). But sometimes gaps are made to be filled ! Wait and see... Always expect the unexpected. Chris Mac