Yep, it’s that time of the quarter again, when we start hearing analyst predictions for Apple’s quarterly earnings. Asymco analyst Horace Dediu has just tweeted his, forecasting that Apple will hit $38.62B revenue, above the company’s guidance of $36-38M. Wells Fargo’s Maynard Um recently predicted $38.2B …
Dediu is expecting both iPhone and iPad sales to be significantly up year-on-year, iPhone sales at 33.7M versus 31.2 in the same quarter last year, and iPad at 16M against 14.6M in 2013. Mac sales will, he thinks, be slightly down – while iPod sales will, unsurprisingly, fall dramatically from 4.5M to 2.5M.
My estimates of Apple's Q2: Rev $38.624b EPS $8.96 iPhone 33.7 m iPod 2.5 m Mac 3.56 m iPad 16 m iTunes/S/S $4.6 b Acc $1.2 b GM 38.2%—
Horace Dediu (@asymco) July 07, 2014
We’re expecting Fortune to do its usual analyst roundup ahead of Apple revealing the actual numbers on 22nd July. We’ll of course be bringing you the full results, together with live coverage of the follow-up conference call.