Apple Announcing Earnings on Tuesday (today)
by at January 22, 2008 9:10 am
Sections: Apple News, Apple Online and Retail Store, iPod, iPod nano, iPod touch
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Now that the Christmas for Mac fans (Macworld) is over, the attention shifts to the stockholder’s holiday, the quarterly earnings report.
Apple’s Q4 fiscal earnings are usually the best showing, due to increased sales of particularly of the iPod line during the holidays. MarketWatch reports that “Analysts [...] estimate Apple will earn $1.62 a share on revenue of $9.47 billion. Such forecasts call for Apple’s per-share earnings to rise 42%, and revenue to climb 33% from the prior-year period.”
According to this report, iPods retain a hold on the digital music player market, with as much as 75% marketshare. Also, the most sought-after Apple items this season were MacBooks, iPod Touch’s, and iPod Nanos. Interest in the iPhone also remains high.
Read [MarketWatch]
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