Apple's Real Earnings Expectations [Chart]
Business Insider has published a few charts showing how Apple consistently beats its earnings guidance quarter after quarter.
On average, revenue is 19% above its guidance. EPS is 43% above guidance. Therefore, we anticipate Apple will report revenue of $40.37 billion and EPS of $12.41. Wall Street analysts are expecting $37.23 billion in revenue and EPS of $10.35.
Apple plans to conduct a conference call to discuss financial results of its third fiscal quarter on today at 2:00 p.m. PT. (5PM EST)