Beverly Hills 1/26/2010 1:17:20 AM
News / Business

Wall Street Analysts Expect Apple’s Best Quarter In History

Finance World News Update by EQUITIES Magazine

Apple Inc. will report its earnings today at 5 pm and most analysts are anticipating the company will report its best quarter ever.

 

After the holiday sales of 8.9 million iPhones, 21 million iPods and 3 million Macs during the three-month frame ended in late December, analysts are expecting, on average, an 18.6 percent increase in revenue to $12.06 billion and $2.07 earnings per share for Apple.

 

In morning trading, shares of Apple were up $3.36, or 1.7 percent, to $201.11.

 

About EQUITIES:

 

Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.

 

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