Analysts Expect Apple To Announce Revenues Between $41 Billion And $43 Billion

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Apple will announce its second quarter financial results at 5 p.m. EST today, and this could be one of the company’s most interesting earnings calls for some time. Wall Street has been less than optimistic about the Cupertino company’s recent performance, and some believe that Apple will post its first quarter of negative growth income for over a decade.

But some analysts are a little more positive. According to averages put together by Yahoo! Finance, Apple is likely to announce revenue between $41 billion and $43 billion for the second quarter, with margins between 37.5% and 38.5%.

We’ve already explained just how crazy Wall Street’s gloomy estimates are, and we’re also well aware of the fact that Apple habitually exceeds those estimates time and time again. Which is why the affect Wall Street is having on Apple’s share price is so insane.

But it appears that between them, analysts have a good idea of how well Apple’s really been doing this quarter. Averages for over 40 analysts predict revenue of $42.59 billion, with earnings of just over $10 per share. They expect Apple to have sold 36.5 million iPhones, 18.3 million iPads, 4.1 million Macs, and 6.25 million iPods.

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These expectations are much closer to Apple’s own guidance for Q2 2013, and the company often blows its guidance out of the water. As long as it sees the numbers predicted above, you can expect its share price to go back up again.

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  • lwdesign1

    Of course the shares will go back up again. This is what the manipulation of the the lat 6 months has been all about. All the negative press and bad-mouthing of Apple has been designed to pull the share price down dramatically (from about $700 down to about $400/share). Investor confidence has been sufficiently eroded that a lot of nervous investors have sold a lot of their Apple shares, and these heavily discounted shares have been bought up by the guys behind the scenes who are part of the manipulation. All of a sudden it will be revealed that –” gosh! Apple’s not in as bad a shape as we all thought. They’re in great condition” and the stock price will rebound, making the manipulators millions of dollars.
    This is a process that has been going on for decades: Find a company with great basics, spread rumors via the press about it so investors lose confidence, depress the share price, buy up the shares, then spread more rumors that it’s now a terrific deal and stable once more, and make zillions on the price swing.

  • Steffen Jobbs

    Go up by how much. The company has already lost $300 in share price in a few short months. Will anyone be satisfied with a $10 share price rise? I don’t think so. Buying into Apple would be as risky as grabbing onto a white-hot poker. Chances are, investors are just going to get burned badly.

    I still believe if Apple had a decent public relations department, they could really lessen the FUD effect. However, Apple always remains close-lipped no matter how badly it is attacked by the news media.

About the author

Killian BellKillian Bell is a freelance writer based in the UK. He has an interest in all things tech, but most enjoys covering Apple, anything mobile, and gaming. You can follow him on Twitter via @killianbell, or through his website.

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