YOUR FRIENDS' ACTIVITY

    Apple is once again expected to crush Q3 with near-record earnings

    By Dan Graziano | BGR News – Mon, Jul 16, 2012

    Despite some analyst fears that Apple may miss Wall Street’s consensus when it reports its quarterly earnings next week, others suggest the iPhone-maker will report near-record numbers. Stephen Rosenman of Seeking Alpha notes that for the past nine years, the Cupertino-based company’s fiscal third-quarter earnings have topped the preceding second-quarter earnings. The investor highlights Apple’s history of beating unit sales projections year after year and estimates the company will sell 63 million devices during this quarter. Rosenman predicts that Apple will report operating income of $16.7 billion and will have earned $13.62 per share, blowing away Wall Street’s $10.34 consensus and coming close to its record $13.87 EPS in the first quarter. Apple is scheduled to reports it third-quarter earnings after the market closes on July 24th.

    Read

    Get more from BGR.com: Follow us on Twitter, Facebook

    Loading...

    More Tech News

     

    News for You »

    • No Wonder Republican Criticism of Obama Isn’t Working

      Henny Youngman, the late borscht belt comedian, told hundreds of politically incorrect jokes. One of them was his response when asked, “How’s your wife?” “Compared to what?” he’d say.

    • Missing University of Rhode Island Student Found in North Carolina

      Matthew Royer Did Not Show Up at His Pennsylvania Home or Summer Job

    • Trayvon Martin texts, photos: Might they change Zimmerman trial?

      Ultimately, many of the photos and cellphone records of Trayvon Martin released online Thursday by George Zimmerman’s defense attorneys – indicating that the slain teenager smoked marijuana, got into fights at school, and had an interest in, and perhaps access to, guns – may be ruled inadmissible in court. But they are already making the rounds in the court of public opinion, which can influence everything from fundraising efforts to the mind-set of potential jurors in Mr. Zimmerman's murder trial.

    • Real Risks at Amusement Park Not Rollercoasters, Study Finds

      Carousels Hurt More Kids Than Bigger, Faster Rides

    • Rare Superman comic found in house insulation

      It's considered the Holy Grail of comic books: Action Comics No. 1 from 1938, featuring the debut of Superman. And David Gonzales found one mixed in with old newspapers insulating a wall in a house he ...

    • Cycling-Road-Giro d'Italia points classification after stage 18

      May 23 (Infostrada Sports) - Points Classification Giro d'Italia after Stage 18 on Thursday 1. Mark Cavendish (Britain / Omega Pharma - Quick-Step) 113 2. Cadel Evans (Australia / BMC Racing) 109 3. Vincenzo Nibali (Italy / Astana) 103 4. Carlos Betancur (Colombia / AG2R) 94 5. Mauro Santambrogio (Italy / Vini Fantini) 89 6. Giovanni Visconti (Italy / Movistar) 86 7. Rigoberto Uran (Colombia / Team Sky) 86 8. Elia Viviani (Italy / Cannondale) 72 9. Ramunas Navardauskas (Lithuania / Garmin) 65 10. Giacomo Nizzolo (Italy / RadioShack) 61

    • California reveals prices for health insurance under Obamacare

      By Sharon Bernstein LOS ANGELES (Reuters) - California unveiled prices on Thursday that consumers will pay for a selection of health plans offered through the state under the Affordable Care Act, providing a glimpse into how health care reform may look as it is rolled out across the nation. Under the federal health care reform law, Californians who do not get or cannot afford health insurance through their jobs can buy coverage through an exchange, at a group rate negotiated by state regulators. ...

    • 5 climbers missing on world's 3rd highest mountain

      KATMANDU, Nepal (AP) — A Nepalese official says five climbers are missing and feared dead on the world's third highest mountain.

    Show More
    Loading...

    Follow Yahoo! News