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Apple's Q4 earnings estimates looking good

by Dave Caolo Oct 20th 2008 at 8:00PM

Just a reminder: Apple will hold their fourth quarter financial conference call tomorrow, October 21st at 2PM Pacific time. We'll be live blogging the call, so be sure to check back for our up-to-the-minute report and analysis.

What should we expect? According to estimates from research firm NPD, it's good news, especially regarding Mac sales. Piper Jaffray analysts suggest, after examining the NPD data, that Mac sales grew by 25% - 29% in the fourth quarter. That's 25% yearly growth and represents nearly 2.8 million Macs.

It has also been suggested that iPod sales numbers will be slightly better than Wall Street projections. We'll know soon enough.

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Just a reminder: Apple will hold their fourth quarter financial conference call tomorrow, October 21st at 2PM Pacific time. We'll be live...
 

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gjuta betong

i belive apple will overcome the market as always. Look forward to see the figures on iphone.
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http://www.noisekiller.se/

October 21 2008 at 7:52 AM Report abuse rate up rate down Reply
Jeff

Earnings good enough to raise the price about $80/share to get me back up to where I was?

October 21 2008 at 7:32 AM Report abuse rate up rate down Reply
Fritz Laurel

Either way, I bet their stock'll go down after their results are released (at least initially).

October 21 2008 at 1:18 AM Report abuse rate up rate down Reply
wako

those hoes at apple gave me back my money which i tried to invest in apple shares because i left >:(


i wouldve be making bank tomorrow!

October 21 2008 at 12:30 AM Report abuse rate up rate down Reply
dan2ktj

I bought last week when it dipped below 90$..... so it's doomed. Sorry.

October 20 2008 at 9:47 PM Report abuse rate up rate down Reply
Dennis Bates

Jeez, let's see. I am predicting an announcement of record profits and record sales followed by conservative estimates for Q1 all of which will result in the stock price sinking like a stone (again).

October 20 2008 at 8:34 PM Report abuse rate up rate down Reply
3 replies to Dennis Bates's comment
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