Tuesday, July 23, 2013

AAPL earnings preview: what the analysts expect from Q3

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AAPL earnings preview: what the analysts expect from Q3 - 9to5mac.com
With Apple’s Q3 earnings call starting at 2pm PT/5pm ET today (which we’ll of course be covering live), Fortune has posted the results of its usual quarterly survey into what analysts are predicting.
The executive summary is that the analysts are pessimistic, though in line with Apple’s guidance.
Earnings estimates are down across the board — anywhere from -7% year over year (according to independent Patrick Smellie from the Braeburn Group) to -29% (Susquehanna’s Chris Caso) …
There is consensus that year-on-year revenues will be either flat or slightly down, but interestingly

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