Apple may disappoint investors tomorrow with fiscal
fourth-quarter results that show weaker sales of its key iPad and iPhone
product lines, CNET reports. Wall Street is expecting Apple to report $36.27 billion in
sales, with earnings per share of $8.91. Apple's own forecast for the quarter
is $34 billion, with earnings per share of $7.65. Much of that tally is
expected to come from the iPhone and iPad, which together made up 72 percent of
the company's revenue last quarter.
This is the first quarter to include sales of Apple's iPhone
5, but only a few days' worth. The iPhone 5 launched September 21, and Apple's
fourth quarter ended September 29. We already know Apple sold 5 million phones
in its first weekend, so tomorrow's numbers will fill in the remaining days;
Apple, however, does not break down its iPhone sales by model....
Analysts expect Apple to have sold ….
No comments:
Post a Comment