Apple, Inc. (AAPL) Reports Q4 Miss; Guides Q1 Above the Street
Tweet Send to a Friend
Get Alerts AAPL Hot Sheet
EPS Growth %: -18.0%
Financial Fact:
Provision for income taxes: 4.59B
Today's EPS Names:
DSX, REDF, REX, More
Apple, Inc. sees Q1 2012 EPS of $9.30, versus the consensus of $8.98. Apple, Inc. sees Q1 2012 revenue of $37 billion, versus the consensus of $36.63 billion.
Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW
*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here
You May Also Be Interested In
- NetApp (NTAP) Tops Q4 EPS by 1c; Boosts Buyback, Plans Job Cuts, Initiates Dividend
- Rexnord (RXN) Misses Q4 EPS by 7c; Issues Light Q1 Outlook
- iPhone Sell-Through Tracking Ahead of Consensus, Says Morgan Stanley (AAPL)
Create E-mail Alert Related Categories
Earnings, Guidance, Hot Earnings, Hot Guidance, Hot ListComments View All Comments
Happy Holidays
Just wait until next quarter. Guidance, which for Apple is unusually above their traditionally conservative estimates and above the Street's as well is high. 4S has moved fast already and Holiday season buying will ultimately determine how this pans out, but it will be interesting to see if their anywhere near the 9 EPS or so that they think.
Mathew....Missed....My Apple!
Mathew, I truly believe that you have missed the point....Liars figure but figures don't lie! All one has to do is go back for the last two weeks and read the articles of "guidance". That shows that "speculation" on Apple's profit ranged from $6 to $8 per share. So when Apple came in at $7.... that is mid-target! And it is an enormous increase over last year's quarter. In addition.... the current sales of products has been record setting. I just want to know how anyone can be sitting here, with a negative view on Apple's Quarterly Report! My only conclusion is that the volume of trades, due to negative reporting, will increase dramatically!
Analyst guidance
It's standard practice for earnings to be compared to analyst guidance, for any stock. That being said, it's a much bigger deal if a company misses its own guidance. I think all this shows is that Apple had a low quarter due to people waiting for iPhone 4S. In addition, the analysts, who had been estimating WAY below Apple's earnings for the past 12 quarters or so, are finally starting to realize just how much money Apple is making.
Missed....My Apple!
Missed?... They beat most estimates and actually far exceeded last year quarter. What is this some type of mechanism for slamming one of the few American Industrial Achievements? These reports are just plain fiction! No wonder that there are Wall Street Protests.... news and financial reporters are attempting to lead this country into the ditch!
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
Apple
Jimmy the Whipp on Oct 19, 2011 02:29 PMMark as Spam | Reply to this comment
Just spent 3 weeks touring China. One of the first questions everyone asks is, what is the price of the I-Phone in the US. They are extremely interested in ONLY the Iphone and IPad - which are also used everywhere. Don't let the talking heads talk you out of the world standard - they are just reading a script.