Analysts Predict Apple Q1 2014 Earnings [Chart]

Posted January 27, 2014 at 4:10pm by iClarified | Please help us and submit a translation by clicking here | 3696 views

Fortune has compiled estimates for Apple's Q1 2014 earnings from professional and amateur analysts.

The consensus estimates among the 47 Apple analysts we've heard from so far -- 29 Wall Street professionals and 18 Internet amateurs -- are for earnings of $14.36 per share on sales of $58.1 billion. That represents year-over-year growth of 4.0% for earnings and 6.6% for revenue. (See Handicapping Apple's quarterly earnings and revenue.)

While not the impressive 50%-plus earning growth quarters Apple reported in 2010-2012, it is an improvement on the "negative earnings growth" that Apple has reported for the last three quarters.

Apple reports its earnings later today. It will hold its fiscal Q1 earnings conference call at the usual 2:00 p.m. PT (5:00 p.m. ET) time.

Read More


Share
Add Comment
Follow iClarified
Beautiful 3D Exploded Renders of the Apple Watch [Images]
Check out these beautiful 3D exploded renders...
Tim Cook Has the Best Pay-for-Performance Rating of any CEO in America [Video]
Microsoft Updates OneDrive App to Let You View Your Photos on the Apple Watch
Apple Unveils Exclusive Apple Watch Sport Bands at Milan's Salone Del Mobile Design Fair
Amazon App Gets Updated With Wish List Extension for iOS 8
The Amazon app has been updated with a new iO...