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Apple could beat revenue estimates by $2 billion
Posted By Svetlana Osipova On January 18, 2011 @ 10:17 pm In Official,Other,rumors | Comments Disabled
Wall Street Analysts expect Apple to post $5.38 in earnings per share (EPS) on approximately $24.38 billion in revenue. Yet, bloggers and unaffiliated analysts who tend to almost always outperform Wall Street analysts are looking for significantly stronger numbers out of the company. Bloggers are looking for Apple to post $6.32 in earnings per share (EPS) on approximately $26.4 billion in revenue. Bloggers are looking for Apple to beat on the top-line by over $2 billion. Apple could be immediately sold-off on great earnings given the humongous run it has had since August. The stock is up over 50% in just 6 months time.
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