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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.

AAPL-earnings-estimates-1q2014.png
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
 

Thunderhawks

Suspended
Feb 17, 2009
4,057
2,118
Whatever it is the stock will go down.

I hope they can keep Icahn and his bandwagon buddies out of their business.
 

rrm74001

macrumors 6502
Nov 11, 2008
290
336
Oh no. Apple is doom. They only made $55 to $58 billion.
 
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RedOrchestra

Suspended
Aug 13, 2012
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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.
 

peteo

macrumors regular
Sep 23, 2007
225
134
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..
 

BaldiMac

macrumors G3
Jan 24, 2008
8,757
10,888
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.
 

Todd B.

macrumors 6502
May 1, 2013
434
1
And I predict, no matter what happens, tech blogs will go into their usual "Apple is dead, all hail Google" nonsense.
 

Chupa Chupa

macrumors G5
Jul 16, 2002
14,835
7,396
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.
 

Rogifan

macrumors Penryn
Nov 14, 2011
24,124
31,156
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.
 

TC03

macrumors 65816
Aug 17, 2008
1,272
356
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.
 

osx11

macrumors 6502a
Jan 16, 2011
825
0
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.

----------

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.
 

Traverse

macrumors 604
Mar 11, 2013
7,688
4,400
Here
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.
 

s2mikey

Suspended
Sep 23, 2013
2,490
4,255
Upstate, NY
PROFITS ... the number that really matters to stakeholders.

Yeah - the people who cause misery to employees of companies. Great. :rolleyes:

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.
 

SusanK

macrumors 68000
Oct 9, 2012
1,676
2,655
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.
 

s2mikey

Suspended
Sep 23, 2013
2,490
4,255
Upstate, NY
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. :mad:
 

Constable Odo

macrumors 6502
Mar 28, 2008
483
268
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.
 

IJ Reilly

macrumors P6
Jul 16, 2002
17,909
1,496
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.
 
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