Roundup of Analyst Expectations Ahead of Q1 2013 Earnings CallPhilip Elmer-Dewitt has assembled his quarterly list of analyst predictions ahead of Apple's earnings report this afternoon. The list includes estimates from 67 analysts: 28 "independent" and 39 "institutional" who work for large investment houses or research organizations. As usual, the independents are much more bullish than the institutional analysts. The independent consensus expects earnings per share (EPS) of $15.11 on revenue of $58.84 billion. The institutional consensus is EPS of $13.45 on $54.74 billion in revenue. Across all analysts, the median expectation is for earnings of $14.20 on $55.96 billion in revenue, a year-over-year increase of 10% and 30% respectively. 2011's holiday quarter was the strongest in the company's history. Last quarter the company earned $8.2 billion in profit on revenue of $36 billion. For this quarter, Apple issued guidance of $52 billion in revenue with profits of $11.75 per share. The company has, in the past, exceeded its guidance by a significant margin. Apple will announce its earnings for the first fiscal quarter of 2013 (fourth calendar quarter of 2012) and host a conference call regarding the release this afternoon at 5:00 PM Eastern / 2:00 PM Pacific. The earnings release itself typically comes in around 4:30 PM Eastern. MacRumors will have live coverage of the proceedings. Recent Mac and iOS Blog Stories • TwelveSouth Releases PlugBug World for International Charging • Apple Promotes Engraved and Gift-Wrapped iPads as Valentine's Day Gifts • Reservation System Announced for Upcoming 'Mailbox' Email App • hipKey Proximity Sensor for iOS Devices Now Available Through Apple Online Store • What the 5-Inch iPhone Could Look Like • Apple to Open First Retail Store and Resume Online Sales in Indonesia • Shipping Estimates for 21.5-Inch iMac Begin Slipping to 2-3 Weeks • Tim Cook Ordered to Give Deposition in Employee-Poaching Ban Antitrust Case
http://www.macrumors.com/2013/01/23/roundup-of-analyst-expectations-ahead-of-q1-2013-earnings-call/
