Register FAQ / Rules Forum Spy Search Today's Posts Mark Forums Read
Go Back   MacRumors Forums > News and Article Discussion > MacRumors.com News Discussion

Reply
 
Thread Tools Search this Thread Display Modes
Old Jan 27, 2014, 09:01 AM   #1
MacRumors
macrumors bot
 
Join Date: Apr 2001
Analysts Predict Apple Will Report Single-Digit Earnings Growth in 1Q 2014




Analysts predict Apple will return to growth when the company announces its quarterly earnings later today, reports Philip Elmer-Dewitt of Fortune. Growth will be in the single digits and will be an improvement over the negative earnings growth the company reported for the previous three quarters. Apple is not, however, expected to return to the 50% growth it achieved between 2010 and 2012.

Quote:
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.
Eighty percent of Fortune's surveyed analysts estimate Apple's revenue will fall within the company's guidance of $55 to $58 billion. Six analysts predict Apple will beat the street with revenue that tops $58 billion. Consensus estimates also predict Apple will sell a record 55 million iPhones and 25 million iPads in 1Q 2014.

Apple will report its quarterly earnings today after the close of trading, at approximately 4:30 PM Eastern / 1:30 PM Pacific. MacRumors will have full coverage of Apple's earnings release and the conference call taking place at 5:00 PM Eastern / 2:00 PM Pacific.

Article Link: Analysts Predict Apple Will Report Single-Digit Earnings Growth in 1Q 2014
MacRumors is offline   0 Reply With Quote
Old Jan 27, 2014, 09:06 AM   #2
Neil Anderson
macrumors newbie
 
Join Date: Apr 2010
Looking Forward

To an Applicious 2014!
Neil Anderson is offline   0 Reply With Quote
Old Jan 27, 2014, 09:06 AM   #3
Thunderhawks
macrumors 68020
 
Join Date: Feb 2009
Whatever it is the stock will go down.

I hope they can keep Icahn and his bandwagon buddies out of their business.
__________________
It's ready, when it's ready !
"Any fool can criticize, condemn and complain and most fools do." Benjamin Franklin
Thunderhawks is offline   10 Reply With Quote
Old Jan 27, 2014, 09:06 AM   #4
DipDog3
macrumors 6502a
 
DipDog3's Avatar
 
Join Date: Sep 2002
 
see vendor information in user profile
Apple is DOOMED!
__________________

Interactive Phone - Try out the new Virtual iPhone 5 (Download Code @ RedRome.com)
DipDog3 is offline   4 Reply With Quote
Old Jan 27, 2014, 09:08 AM   #5
rrm74001
macrumors member
 
Join Date: Nov 2008
Oh no. Apple is doom. They only made $55 to $58 billion.

Last edited by rrm74001; Jan 27, 2014 at 10:23 AM.
rrm74001 is offline   5 Reply With Quote
Old Jan 27, 2014, 09:19 AM   #6
RedOrchestra
macrumors regular
 
Join Date: Aug 2012
And here's what they're saying over on International Business Times -

"Meanwhile, Apple's profit may be expected to decline to continue the downward trend in the last three consecutive quarters. Analysts have predicted a $12.7 billion which will mean a full year of declining profits for Apple Inc."

PROFITS ... the number that really matters to stakeholders.
RedOrchestra is offline   3 Reply With Quote
Old Jan 27, 2014, 09:23 AM   #7
peteo
macrumors regular
 
Join Date: Sep 2007
Quote:
Originally Posted by RedOrchestra View Post
And here's what they're saying over on International Business Times -

"Meanwhile, Apple's profit may be expected to decline to continue the downward trend in the last three consecutive quarters. Analysts have predicted a $12.7 billion which will mean a full year of declining profits for Apple Inc."

PROFITS ... the number that really matters to stakeholders.
EPS is est to be 14.09, last year it was 13.81, that would be profit growth not decline..
peteo is offline   0 Reply With Quote
Old Jan 27, 2014, 09:24 AM   #8
smithrh
macrumors 68000
 
smithrh's Avatar
 
Join Date: Feb 2009
Quote:
Originally Posted by RedOrchestra View Post
PROFITS ... the number that really matters to stakeholders.
Unless the subject is Amazon, then it seems to be just fine that they've never made money...
smithrh is offline   5 Reply With Quote
Old Jan 27, 2014, 09:24 AM   #9
BaldiMac
macrumors 604
 
BaldiMac's Avatar
 
Join Date: Jan 2008
Quote:
Originally Posted by RedOrchestra View Post
And here's what they're saying over on International Business Times -

"Meanwhile, Apple's profit may be expected to decline to continue the downward trend in the last three consecutive quarters. Analysts have predicted a $12.7 billion which will mean a full year of declining profits for Apple Inc."

PROFITS ... the number that really matters to stakeholders.
The first of many reports that will ignore that fact that Apple announced that they will be deferring an additional $900 million in revenue this quarter to account for free iWork, iLife, and OS X updates.
BaldiMac is offline   0 Reply With Quote
Old Jan 27, 2014, 09:25 AM   #10
roadbloc
macrumors 604
 
roadbloc's Avatar
 
Join Date: Aug 2009
Location: UK
Analysts lol
__________________
roadbloc is offline   8 Reply With Quote
Old Jan 27, 2014, 09:29 AM   #11
buthidae
macrumors newbie
 
Join Date: Oct 2008
9 out of 10 Internet amateurs recommend a high-fibre diet!
buthidae is offline   1 Reply With Quote
Old Jan 27, 2014, 09:35 AM   #12
Todd B.
In Time-Out
 
Join Date: May 2013
And I predict, no matter what happens, tech blogs will go into their usual "Apple is dead, all hail Google" nonsense.
Todd B. is offline   9 Reply With Quote
Old Jan 27, 2014, 09:36 AM   #13
uknowimright
macrumors 6502a
 
Join Date: Dec 2011
I'd take 1% of that!
uknowimright is offline   0 Reply With Quote
Old Jan 27, 2014, 09:40 AM   #14
Chupa Chupa
macrumors G3
 
Chupa Chupa's Avatar
 
Join Date: Jul 2002
Previous Q1 was 54.5b so really anything less than 56b is flat after inflation. Will be interesting to see if they offer guidance for Q2. It could suggest if fresh produce is on the way or just yesterday's apple's repolished.
__________________
Walled Garden ≠ Prison:
"People who use Apple products considered their options, and chose Apple. If they regret their decision, they can dump it at any time." -- Harry McCracken, Technologizer.com
Chupa Chupa is offline   0 Reply With Quote
Old Jan 27, 2014, 09:43 AM   #15
Rogifan
macrumors 604
 
Rogifan's Avatar
 
Join Date: Nov 2011
I see Apple is actually up about 1% this morning (Google is actually down over 2%). Is Apple typically up on earnings day? I haven't tracked it in the past.
__________________
"Liberals claim to want to give a hearing to other views, but then are shocked and offended to discover that there are other views." - William F. Buckley, Jr.
Rogifan is offline   0 Reply With Quote
Old Jan 27, 2014, 09:44 AM   #16
TC03
macrumors 6502a
 
Join Date: Aug 2008
Quote:
Originally Posted by Rogifan View Post
I see Apple is actually up about 1% this morning (Google is actually down over 2%). Is Apple typically up on earnings day? I haven't tracked it in the past.
Dunno, but it's irrelevant and there's not a pattern.
TC03 is offline   1 Reply With Quote
Old Jan 27, 2014, 09:44 AM   #17
DShap5
macrumors 6502a
 
DShap5's Avatar
 
Join Date: Dec 2012
Location: California
Quote:
Originally Posted by buthidae View Post
9 out of 10 Internet amateurs recommend a high-fibre diet!
Huh?
DShap5 is offline   0 Reply With Quote
Old Jan 27, 2014, 09:53 AM   #18
osx11
macrumors 6502a
 
Join Date: Jan 2011
Who cares?

On a side note: this whole obsession with continuous growth will eventually have to come to an end. Companies and countries nowadays always pretend like everyone involved is predestined to grow and everyone believes this cycle will go on forever. In recent years, economists have started to question this mindset and now increasingly say that we (companies, and even more so countries) WILL NOT be able to continue growth indefinitely. If you believe that the "economy needs to grow" you're hearing fitful thinking. Nothing more. Does is usually grow? Yes! Will this always be the case? NO!

A thought experiment: If we see real (not nominal) economic growth every year, we will all be driving Ferraris in 100 years. This is not going to happen. Period. It's mathematically impossible to grow forever. In theory, this shouldn't be a problem, but the way our economies and debts work is that they rely heavily on growth to help with employment problems and making debt more affordable.

----------

Quote:
Originally Posted by Chupa Chupa View Post
Previous Q1 was 54.5b so really anything less than 56b is flat after inflation. Will be interesting to see if they offer guidance for Q2. It could suggest if fresh produce is on the way or just yesterday's apple's repolished.
The funny thing is that Apple doesn't really care about their stock price. Of course they have to act like they feel bad for investors and they try to please them. Ultimately, it's the greedy and unrealistic investors who saw the iPod, iPhone, iPad and thought this trend would continue forever.

Apple makes great products. But they don't make many of them. If investors would realize this reality, then we would avoid this whole "apple is doomed" idiocy.
osx11 is offline   4 Reply With Quote
Old Jan 27, 2014, 09:55 AM   #19
Traverse
macrumors 6502
 
Join Date: Mar 2013
Oh no. A few less billion on top of billion profits.

Sorry, I don't mean to be cynical, but Wall Street can't really expect Apple to continue unparalleled growth EVERY year.
Traverse is offline   1 Reply With Quote
Old Jan 27, 2014, 09:59 AM   #20
iMerik
macrumors regular
 
Join Date: May 2011
These non-rumor stories are quite boring.
iMerik is offline   0 Reply With Quote
Old Jan 27, 2014, 10:01 AM   #21
s2mikey
macrumors 6502a
 
Join Date: Sep 2013
Location: Upstate, NY
Quote:
Originally Posted by RedOrchestra View Post

PROFITS ... the number that really matters to stakeholders.
Yeah - the people who cause misery to employees of companies. Great.

They'll be chest-thumping for Apple to rectify this injustice by firing a bunch of low level technicians and manufacturing positions. I mean, they cant possibly "make ends meet" on eleventy billion in profit. Only 12 billion will do.
__________________
iPad Air 32GB / AT&T
s2mikey is offline   0 Reply With Quote
Old Jan 27, 2014, 10:01 AM   #22
SusanK
macrumors 6502a
 
Join Date: Oct 2012
Quote:
Originally Posted by osx11 View Post
Who cares?



The funny thing is that Apple doesn't really care about their stock price. Of course they have to act like they feel bad for investors and they try to please them. Ultimately, it's the greedy and unrealistic investors who saw the iPod, iPhone, iPad and thought this trend would continue forever.
The executive team cares unless they wish to be unemployed.
__________________
Here's to the Crazy One.
SusanK is offline   2 Reply With Quote
Old Jan 27, 2014, 10:04 AM   #23
s2mikey
macrumors 6502a
 
Join Date: Sep 2013
Location: Upstate, NY
Quote:
Originally Posted by Traverse View Post
Oh no. A few less billion on top of billion profits.

Sorry, I don't mean to be cynical, but Wall Street can't really expect Apple to continue unparalleled growth EVERY year.
Of course they do and they do it to every company. Thats who you can thank for slave labor, low wages and massive outsourcing. Its to please wall-street gorillas and their ape friends.
__________________
iPad Air 32GB / AT&T
s2mikey is offline   0 Reply With Quote
Old Jan 27, 2014, 10:07 AM   #24
Constable Odo
macrumors regular
 
Join Date: Mar 2008
Apple will likely make shareholders cry tears of blood just like they usually do on earnings because of their insistence on hoarding every penny they make instead of using it to expand into new businesses. Only companies like Google and Amazon go up 10% to 15% on earnings because they're always looking out for their shareholders by trying to get every ounce of value out of the money they make.

Tim Cook makes me sick by smiling and giggling about how Apple did just peachy-dandy selling awesome products while the share price tanks.
Dammit, Cook, get a freaking clue. Wall Street absolutely hates Apple and especially you because you're not one-tenth of the man Steve Jobs was. Google's 3 Stooges of Schmidt, Page and Brin are tearing Apple a new butt canal day in and day out with Android which must be up to at least a hundred million new activations a day.
Constable Odo is offline   0 Reply With Quote
Old Jan 27, 2014, 10:11 AM   #25
IJ Reilly
macrumors G5
 
IJ Reilly's Avatar
 
Join Date: Jul 2002
Location: Palookaville
The difference between the analysts is not "professional" vs. "amateur" -- it is "affiliated" vs. "non-affiliated."

Your distinction suggests that one set of analysts does this for a living, and others as a hobby. That isn't nearly right. The distinction is that some work for companies that provide investment advice to clients; the others offer their opinions to the public through their online activities.

MR, please try to get this right in the future.
__________________
*The season starts too early and finishes too late and there are too many games in between.
Bill Veeck
IJ Reilly is offline   0 Reply With Quote

Reply
MacRumors Forums > News and Article Discussion > MacRumors.com News Discussion

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 02:26 AM.

Mac Rumors | Mac | iPhone | iPhone Game Reviews | iPhone Apps

Mobile Version | Fixed | Fluid | Fluid HD
Copyright 2002-2013, MacRumors.com, LLC