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AAPL will announce record quarter, predict analysts, with earnings up 11.9%

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Analysts are predicting that Apple (AAPL) will announce record sales and earnings in today’s fiscal Q4 (calendar Q3) earnings call, reports Fortune.

I’ve got the collected fiscal Q4 estimates of 33 Apple analysts — 21 professionals and 12 amateurs. They are all to a man (and one woman) predicting record Q4 sales and earnings (up 7.1% and 11.9%, respectively).

The analysts also expect earnings per share to be up 12% year-on-year, to $1.32 … 
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Apple Q1 2014: iPod sales decreased by more than half since last year

You might have noticed that the main text in Apple’s press release today for its Q1 2014 results didn’t mention device sales for the iPod alongside iPhones, iPads, and Macs. That might because it’s the only product line that has experienced a huge decrease in sales over the last year, which isn’t helped by the fact Apple hasn’t updated the products in over a year apart from a minor refresh. It does, however, still have to disclose units sold in its unaudited summary data that accompanies the press release. To be precise, Apple’s results show it only sold a little over 6 million iPods during the holiday quarter. That’s a decrease of 55% year over year for revenue and 52% for units when looking at the 12.7 million it sold in Q1 2013.  That’s also the biggest year over year drop ever for the iPod, which fell from 15.4m units in Q1 12 to 12.7m in Q1 13 before being cut in half this year. The iPhone, iPad, and Mac lineups, on the other hand, all experienced growth during the quarter.

During the conference call, Cook noted that they “have known for some time that iPod is a declining business” and that it would impact the overall results and guidance.

It’s not the first time Apple decided to leave out mentioning its iPod sales. It actually hasn’t done so since the year ago quarter when it announced the 12.7 million units sold for Q1 2013. Either way, the numbers will certainly have analysts questioning the future of Apple’s iPod line in the months to come. Apple announced back in May that it had sold 100 million iPod touch units since the device launched in 2007, but Apple has been selling less and less iPods each year.
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