Analysts Predict Apple Will Report Single-Digit Earnings Growth in 1Q 2014

Discussion in ' News Discussion' started by MacRumors, Jan 27, 2014.

  1. MacRumors macrumors bot


    Apr 12, 2001

    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.

    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
  2. Neil Anderson macrumors newbie

    Neil Anderson

    Apr 10, 2010
  3. Thunderhawks macrumors 601

    Feb 17, 2009
    Whatever it is the stock will go down.

    I hope they can keep Icahn and his bandwagon buddies out of their business.
  4. DipDog3 macrumors 65816


    Sep 20, 2002
  5. rrm74001, Jan 27, 2014
    Last edited: Jan 27, 2014

    rrm74001 macrumors regular


    Nov 11, 2008
    Oh no. Apple is doom. They only made $55 to $58 billion.
  6. RedOrchestra Suspended

    Aug 13, 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.
  7. peteo macrumors regular

    Sep 23, 2007
    EPS is est to be 14.09, last year it was 13.81, that would be profit growth not decline..
  8. smithrh macrumors 68020


    Feb 28, 2009
    Unless the subject is Amazon, then it seems to be just fine that they've never made money...
  9. BaldiMac macrumors 604


    Jan 24, 2008
    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.
  10. roadbloc macrumors G3


    Aug 24, 2009
  11. buthidae macrumors newbie

    Oct 21, 2008
    9 out of 10 Internet amateurs recommend a high-fibre diet! :cool::apple::p
  12. Todd B. macrumors 6502

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


    Dec 30, 2011
  14. Chupa Chupa macrumors G5

    Chupa Chupa

    Jul 16, 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.
  15. Rogifan macrumors P6


    Nov 14, 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.
  16. TC03 macrumors 65816

    Aug 17, 2008
    Dunno, but it's irrelevant and there's not a pattern.
  17. taptic macrumors 65816


    Dec 5, 2012
  18. osx11 macrumors 6502a

    Jan 16, 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.


    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.
  19. Traverse macrumors 603


    Mar 11, 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.
  20. iMerik macrumors 6502

    May 3, 2011
    Upper Midwest
  21. s2mikey macrumors 68020


    Sep 23, 2013
    Upstate, NY
    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.
  22. SusanK macrumors 68000

    Oct 9, 2012
    The executive team cares unless they wish to be unemployed.
  23. s2mikey macrumors 68020


    Sep 23, 2013
    Upstate, NY
    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:
  24. Constable Odo macrumors 6502

    Constable Odo

    Mar 28, 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.
  25. IJ Reilly macrumors P6

    IJ Reilly

    Jul 16, 2002
    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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