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.
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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