Apple will report QE September 2012 financial results in October
Apple closed above $700 for the first time yesterday and edged up to yet another all-time closing high today at $702.10 (+$0.19). The iPhone 5 buzz and frenzy continues unabated! The 2012 AAPL daily chart:
Apple Fundamentals
Estimated QE September 2012 Earnings per Share (GAAP)
Yahoo Analysts Estimates: $8.79 avg, $7.90 low, $10.91 high, 46 analysts
Prior Quarter: $9.32
Prior Year: $7.05
Apple Outlook: $7.65
Estimated QE September 2012 Total Revenues (GAAP)
Yahoo Analysts Estimates: $36.03B avg, $34.00B low, $41.44B high, 43 analysts
Prior Quarter: $35.02B
Prior Year: $28.27B
Apple Outlook: $34.00B
Outlook QE September 2012: CFO Peter Oppenheimer, “Looking ahead to the fourth fiscal quarter, we expect revenue of about $34 billion and diluted earnings per share of about $7.65″. For total revenues that’s -3% QoQ and +20% YoY. For earnings per share, that’s -18% QoQ and +9% YoY. Initial estimates by analysts are EPS $10.22 (+10% QoQ, +45% YoY) and total revenues of $37 billion (+9% QoQ, +34% YoY). These analysts’ projections may well be revised downwards soon.
Prior Quarter: Revenues & EPS Miss!
Disclosure: I have a beneficial interest in a long position in AAPL stock.
