Initial Q2 Estimates

  • Posted: 23 January 2009 09:38 PM

    Desktops 675,000
    Laptops 1,700,000
    iPods 12,000,000
    iPhones 3,500,000

    Revenue 8,625,000,000
    Gross Margin 2,900,000,000

    Op Ex 1,140,000,000

    Other 175,000,000

    Taxes 596,000,000

    EPS $1.47
    Apple’s Internal Earnings Estimate $1.43

    Price Targets before April expiry High $105 Low $80.  I think AAPL will see its low for the quarter by February 9.

    Of all my estimates my confidence level is weakest on desktops.


    You can’t do more, make more, be more, than the next guy, if you think like the next guy. Think different.

  • Avatar

    Posted: 24 January 2009 12:30 AM #1

    I also think that desktops are a tough call. I would think that at some point Apple will have a “Spotlight on Desktops” event in this quarter. The Mac Pro design is 6(!) years old. The Mac Mini is in desperate need of a refresh, it still comes with a combo drive! And the iMac is a great computer, but LED displays and quad-core chips would be nice. And we ARE at the 25th anniversary of the Macintosh. Seems like the timing is right, come on Apple!