or Connect
AppleInsider › Forums › General › General Discussion › Apple to report 2nd best quarter in company history?
New Posts  All Forums:Forum Nav:

Apple to report 2nd best quarter in company history?

post #1 of 11
Thread Starter 
After a round of checks with its industry and channel sources, analysts for American Technology Research said they believe Apple later this month will post the second best quarterly results in the company's 30-year history, exceeding its own guidance of $4.3 billion in revenue and 38 cents in earnings per share.

"Specifically, we are modeling $4.4 billion, 43 cents and 8.8 million iPods versus consensus of $4.6 billion and 44 cents," analyst Shaw Wu told clients in a research note issued on Tuesday. "For the June quarter, we continue to believe Apple will guide conservatively reflecting efforts to reduce inventory of PowerPC Macs and older iPod nanos."

The analyst is modeling for the June (current) quarter $4.4 billion, 44 cents and 8.5 million iPods versus the Street's consensus of $4.7 billion and 48 cents. "We believe consensus revenue estimates remain unrealistically high and believe Apple will likely make another attempt to reset expectations," Wu wrote. "Given the recent 16 percent run-up in Apple shares, we would not be surprised to see a pullback post-print."

Nevertheless, the analyst said he'd remain a buyer on weakness and believes the company is well-positioned to deliver upside with strong second half seasonality and product momentum, including new low-cost Intel portables and changes in its iPod line-up.

American Technology Research maintains a "Buy" rating on Apple shares with a price target of $101.00.
post #2 of 11
We'll see, but looks very good indeed!
Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
Reply
Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
Reply
post #3 of 11
I hope those numbers play out... stock's been dipping a little low recently...

Proud AAPL stock owner.

 

GOA

Reply

Proud AAPL stock owner.

 

GOA

Reply
post #4 of 11
There's too much backwash from the Intel transition and now BootCamp. It's thrown the market into a bit of wait-and-see attitude, I think.

With CS3 and Intel PowerMac equivalents far off the pro market seems stagnant. Or growth levels being status quo

The next 6-12 months will be critical for Apple to deliver profit growth via primarily the consumer channels (Macbook, iMac, Mac mini, new(?) iPods).

Several critical junctures are up for analysis.

1. April reporting of Jan-Mar '06 revenue and profit
2. July reporting of April-June '06 revenue and profit
3. Mac OSX Leopard in August '06 WWDC
4. Clarification at/by WWDC on what the hell the Windows dual-boot and possibly virtualisation is all about
5. Towards the end of the year - Intel PowerMac equivalents for running Final Cut Studio, Logic and Rosetta'ed or virtualised CS2/Macromedia

Stevie J has to hit all the right notes IMHO on the above 5 critical points for AAPL to be in the high $90s by the end of the year. In the mid-term (6-8 months) I predict AAPL flirting with the $70s, maybe low $80s, with some sliding back to high $60s given the Intel/ new product transitions... 8)

My brother got in on $62 so that's probably a good baseline to move upwards from, but again, like I said above, it will be gradual as the market needs more clarification on what Apple's plans really are.
post #5 of 11
Quote:
Originally posted by sunilraman
There's too much backwash from the Intel transition and now BootCamp. It's thrown the market into a bit of wait-and-see attitude, I think.

With CS3 and Intel PowerMac equivalents far off the pro market seems stagnant. Or growth levels being status quo

The next 6-12 months will be critical for Apple to deliver profit growth via primarily the consumer channels (Macbook, iMac, Mac mini, new(?) iPods).

Several critical junctures are up for analysis.

1. April reporting of Jan-Mar '06 revenue and profit
2. July reporting of April-June '06 revenue and profit
3. Mac OSX Leopard in August '06 WWDC
4. Clarification at/by WWDC on what the hell the Windows dual-boot and possibly virtualisation is all about
5. Towards the end of the year - Intel PowerMac equivalents for running Final Cut Studio, Logic and Rosetta'ed or virtualised CS2/Macromedia

Stevie J has to hit all the right notes IMHO on the above 5 critical points for AAPL to be in the high $90s by the end of the year. In the mid-term (6-8 months) I predict AAPL flirting with the $70s, maybe low $80s, with some sliding back to high $60s given the Intel/ new product transitions... 8)

My brother got in on $62 so that's probably a good baseline to move upwards from, but again, like I said above, it will be gradual as the market needs more clarification on what Apple's plans really are.

Let's do ourselves a favor and stop equating Apple's succcess with the future release of any Adobe product. It's quite clear that Adobe hasn't been a catalyst to grow Apple's market presence: only Apple has been able to do this with introducing their own application suites.
post #6 of 11
Final Cut and Logic are IntelMac already. Or is that not what you mean?
post #7 of 11
Originally posted by mdriftmeyer
Let's do ourselves a favor and stop equating Apple's succcess with the future release of any Adobe product. It's quite clear that Adobe hasn't been a catalyst to grow Apple's market presence: only Apple has been able to do this with introducing their own application suites.



Perhaps I have been giving the "future release of any Adobe/Macromedia product" a bit to much weight in my analysis above. It still plays a role though, your argument would be that it is a minor one.

Vinney--I think Apple having its own pro suite (Final Cut Studio), buying Logic, and Shake, are smart moves to generate profits by driving sales of pro hardware and software. Ironically there is pro Intel-compatible apps (Final Cut Studio, Logic) but no Pro Intel PowerMacs to run them on !!!! )

***

My thoughts are a little messy now though on how important Apple's own pro software is to their profit margin and how important Adobe releases are to people purchasing new hardware to run said Adobe software.

That is, is Apple pro software say a 75% driver of pro hardware purchases with Adobe software a 25% driver of pro hardware purchases? Maybe the figure is 90%-10% ??
post #8 of 11
Based on these "good" results, the stock will surely fall to the $50s. The consensus always seems to be "Apple made a boatload of money; they must be done now! Sell! Sell!"

:sigh:

- Jasen.
post #9 of 11
Quote:
Originally posted by sunilraman
[i] Ironically there is pro Intel-compatible apps (Final Cut Studio, Logic) but no Pro Intel PowerMacs to run them on !!!! )

Isn't that unnecessary for a lot of uses of Studio? From what I've heard, it works very well on a MBP and iMac. Personally, I would prefer a PowerMac for desktop use because of its internal expandability, reducing the number of external components, data cables and power cables that clutter up a desk. Ultimately it isn't a requirement for smooth operation, except for the more rigorous users.
post #10 of 11
I'm convinced Apple's going to show gangbuster MBP sales that drive growth even more than iPods (for a change). There were about 3 years of pent-up demand for a genuine PB upgrade, that demand certainly seems to have been expressed as MBP orders, and Apple managed to finally clear all of that backlog just before the end of the quarter. And all on $2000+ machines. It wouldn't surprise me a bit if Apple shows a doubling of laptop revenues over last quarter/last year.
post #11 of 11
If this is true, why are the shares going in the wrong direction? I think now might be another buy opportunity! I suspect a lot of people out there underestimate apple's potential in the coming years. I wouldn't be surprised at all if apple cracked out a number of pleasant surprises in the next two or three years. More industry shakers me hopes. I'm going start gathering more shares here and there if more of these pull backs come this year.
Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
Reply
Citing unnamed sources with limited but direct knowledge of the rumoured device - Comedy Insider (Feb 2014)
Reply
New Posts  All Forums:Forum Nav:
  Return Home
  Back to Forum: General Discussion
AppleInsider › Forums › General › General Discussion › Apple to report 2nd best quarter in company history?