News tagged ‘forecast’
IDC Estimates Android Will Overtake Apple In Worldwide Tablet Market In 2013
Research firm IDC today
Analysts Suggest Apple Will Miss Its Revenue Forecast For 2Q 2013
Citi analysts issued a new research note claiming that Apple will miss its own revenue estimates of $41-43 billion for the second quarter by more than $500 million.
Apple's fiscal Q1 2013 earnings conference call set for Jan. 23
Apple announced on Wednesday that it will reveal results for the first fiscal quarter of 2013 on January 23 at 2:00 p.m. Pacific/5:00 p.m. Eastern. In the fourth quarter of 2012, Apple saw a 25 percent boost in profits thanks to strong sales of 44 million iDevices, including 26.9 million iPhones, for the three month period. Revenue for fiscal 2012 reached over $156 billion on sales of more than 200 million iOS devices, 18 million Macs, and 35 million iPods.
Apple is going to ship 850K iPad minis in first week of sales
Since the first shipment of the pre-orders for the iPad mini has already sold, tablets hit records wholesale and retail sales. About 850,000 units will be sold in first week of sales. In a report, obtained by AppleInsider, KGI analyst Ming-Chi Kuo said that in the first week of sales Apple may ship about 850,000 iPad mini, based on a check of the supply chain and logistical considerations, such as transportation.
Apple forecast to sell 102M iPads, 194M iPhones in 2013
About 100 million iPads were sold in the first two and a half years. Apple is going to sell another 100 million, but already in 12-month period, thanks to the launch of the iPad mini. Michael Walkley of Canaccord Genuity predicted that Apple will sell 101.6 million iPads in 2013. Judging by this, Apple will own 58.4 percent of the total tablet market. The prediction became known after Apple revealed that iPad sales had exceeded 100 million.
Analyst Expects iPhone 5 Sales Will Hit 8 Million Units In Opening Weekend
Following Apple announcement made earlier today that it received two million pre-orders for new iPhone in the first day of its availability, analyst from Piper Jaffray Gene Munster has issued a new research note forecasting that Apple will sale from 6 to 10 million units during the launch weekend. He bases his estimates on impressive pre-order numbers and comparison with last year’s pre-orders for the iPhone 4S. He noted:
Apple's 2012 profits forecast to be highest of any public company ever
The Wall Street analyst suggests that Apple could generate the highest annual net income of any publicly traded company in history this year.
As of Monday morning, Apple's market cap was at about $545 billion. Some Wall Street analyst have noted a rather interesting trend amongthe largest companies. Companies that exceed $500 billion in market capitalization have trouble growing much beyond that point. The analysts are concerned that a similar scenario could happen with Apple.
Apple Predicted To Stop Making 17-Inch MacBook Pro
Ming-Chi Kuo, research analyst from KGI Securities, has issued a new report saying that Apple may discontinue the 17-inch MacBook Pro due to weak sales.
Also he expects that Apple will introduce new MacBook models that will combine power of the MacBook Pro and portability of MacBook Air models and dropping of 17-inch model will be part of this revamp.
Apple expected to report sales of 33M iPhones, 12M iPads
Piper Jaffray analyst Gene Munster has recently announced his estimates of Apple sales for the first calendar quarter of the year 2012 ahead of the earnings call set for March 24.
Piper Jaffray analyst Gene Munster’s numbers differ from the average expectations on Wall Street. He expects the company sold 33 million iPhone that is a bit higher than the Street's forecast of 30.5 million handsets, while his forecast of 12 million iPads is slightly below the Street's 13 million. He also suggests Apple will report on 4.3 million Macs sold in the three-month span from January to March.
Analysts Expect $1000 Share Price For Apple Within The Next Year Or Two
During the past couple of days, two high-profile research analyst published reports forecasting that Apple will reach $1000 per share milestone in one or two years. With such a high share price the company’s market capitalization will push toward an unprecedented trillion-dollar level.
Apple Began To Ship Components For Its TV Set 'In Small Quantities'
Last month analyst from Piper Jaffray Gene Munster said that Apple was investigating offerings of components for its rumored television set, contacting suppliers to find out what production capabilities they can provide.
Strong sales of iPhone 4S a precursor to 'monster' launch of redesigned 'iPhone 5'
The well-known Piper Jaffray analyst, Gene Munster, sent a note to investors on Wednesday where he increased his expectations related to the iPhone sales over the holiday quarter up to 30 million units. But the record sales aren’t the thing that really deserves attention. Instead, Munster 's looking toward the future, with a next-generation redesigned iPhone, which he believes is going to accelerate Apple's growth even further than the current iPhone 4S.
"If Apple sells 30 (million)-plus iPhones in Dec., with no new form factor, up from 17.1m in Sept., it would be evidence supporting our survey work indicating that 94% of iPhone users plan to upgrade to a new iPhone," Munster wrote. "This theme suggests iPhone 5, which we are expecting in Aug. with a new form factor, will be a monster upgrade."
Apple selling record 30 million iPhones in December quarter
UBS (Investment Firm) analyst Maynard Um now believes Apple will sell as many as 30 million iPhones in the December quarter, up from a previous estimate of 28 million. The firm changed its expectations for the iPhone sales because of AT&T's announcement that it expects its best smartphone quarter ever thanks to the iPhone 4S.
The firm didn’t change its predictions for the iPad. It still expects that Apple will sell 12 million units in the fourth quarter of 2012 and may achieve 13 million iPads because of seasonal boost during the holidays. UBS numbers are quite conservative due to its belief that "there might be a slight shift in consumer preference to the company's Macbook computers." Um said customers may not be able to buy multiple Apple products simultaneously and could instead elect to purchase larger ticket items with more functionality.
In light of the expected iPhone upside, UBS raised its revenue estimates to $38.5 billion, up from $37.2 billion. The firm now expects earnings per share to reach $9.90, compared to a previous projection of $9.47. For fiscal 2012, Um sees Apple bringing in $142.7 billion in revenue and $35.83 EPS.
iPhone 4S demand persists as about 85% of Apple stores see daily stock-outs
Despite the fact that iPhone 4 was launched last month, it seems that consumer Interest in the newest Apple’s smartphone is still increasing. Chris Whitmore with Deutsche Bank polled about 30 Apple retail stores and found out that between 85 percent and 90 percent of stores polled are experiencing stock-outs of the iPhone 4S.
"Apple employees are directing customers to make an online appointment (first come first serve) for next day pickup at nearby Apple retail stores as stocks appear to be refreshed daily at most locations," Whitmore said.
In-store Apple representatives advice customers to order the iPhone 4S on Apple's website between 9 p.m. and 12 p.m. Now most number of iPhone 4S units is sold via reservation, leaving a very little stock for customers who want to buy the device at a store.
Whitmore believes strong demand for the iPhone 4S both in America and abroad shows that supply remains the only factor in determining how many handsets Apple will sell this quarter. He has forecast sales of 28 million iPhones during the holidays, but admitted that number appears "increasingly conservative."
Apple's 'Let's Talk iPhone' Keynote Live Blog!
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