Roundup of Analyst Expectations Ahead of Apple's Q1 2012 Earnings Call

Philip Elmer-Dewitt has assembled his list of analyst expectations ahead of Apple's quarterly earnings report Tuesday afternoon. The list includes estimates from 17 "independent" analysts and 34 "affiliated" analysts who work for large investment houses or research organizations.

As usual, the independent analysts are much more bullish than the affiliated analysts. The independent consensus expects earnings per share (EPS) of $12.01 on revenue of $43.14 billion. The institutional consensus is EPS of $10.19 on $39.23 billion in revenue.

q112analyst
Click through to Elmer-DeWitt's post at Fortune to see the full-size chart.

Last quarter Apple announced it had broken $100 billion in sales for fiscal 2011, the first time it had breached that figure, and posted $6.62 billion in profit on revenue of $28.27 billion. For the first fiscal quarter of 2012, Apple has issued guidance of $37 billion in revenue with profits of $9.30 per diluted share.

Apple's best quarter ever was fiscal Q311 when it posted $7.31 billion in profit on sales of $28.57 billion. It appears Apple will solidly beat those numbers this quarter, posting its best results ever.

Apple will announce its earnings for the first fiscal quarter of 2012 (fourth calendar quarter of 2011) and host a conference call regarding the release on Tuesday January 24th at 5:00 PM Eastern / 2:00 PM Pacific. The earnings release itself typically comes in around 4:30 PM Eastern.

Popular Stories

iOS 19 Mock WWDC25 Feature

iOS 19 Expected to Run on These iPhones

Monday March 31, 2025 5:28 pm PDT by
iOS 19 will not be available on the iPhone XR, iPhone XS, or the iPhone XS Max, according a private account on social media site X that has accurately provided information on device compatibility in the past. The iPhone XR, iPhone XS, and iPhone XS Max all have an A12 Bionic chip, so it looks like iOS 19 will discontinue support for that chip. All other iPhones that run iOS 18 are expected...
maxresdefault

Apple Releases iOS 18.4 With Priority Notifications, Ambient Music, New Emoji and More

Monday March 31, 2025 10:03 am PDT by
Apple today released iOS 18.4 and iPadOS 18.4, the fourth major updates to the iOS 18 and iPadOS 18 operating system updates that came out last year. iOS 18.4 and iPadOS 18.4 come two months after Apple released iOS 18.3 and iPadOS 18.3. Subscribe to the MacRumors YouTube channel for more videos. The new software can be downloaded on eligible iPhones and iPads over-the-air by going to...
watchOS 11 Thumb 2 1

Apple Releases watchOS 11.4 With Sleep Alarm Update

Tuesday April 1, 2025 10:34 am PDT by
Apple today released watchOS 11.4, the fourth major update to the operating system that runs on the Apple Watch. watchOS 11.4 is compatible with the Apple Watch Series 6 and later, all Apple Watch Ultra models, and the Apple Watch SE 2. watchOS 11.4 can be downloaded on a connected iPhone by opening up the Apple Watch app and going to General > Software Update. To install the new software,...
AirPods Pro Firmware Feature

Apple Releases New Firmware for AirPods Pro 2 and AirPods 4

Monday March 31, 2025 11:27 am PDT by
Apple today released new firmware updates for all AirPods 4 and AirPods Pro 2 models. The new firmware is version 7E93, up from the 7B21 firmware that was installed on the AirPods Pro 2 and the 7B20 firmware available on the AirPods 4 and AirPods 4 with ANC. It is not immediately clear what new features or changes are included in the new firmware, but we'll update this article should we find ...
macOS Sequoia Feature

Apple Releases macOS Sequoia 15.4 With Mail Categorization and More

Monday March 31, 2025 10:04 am PDT by
Apple today released macOS Sequoia 15.4, the fourth major update to the macOS Sequoia operating system that launched in September. macOS Sequoia 15.4 comes two months after the launch of macOS Sequoia 15.3. Mac users can download the ‌‌macOS Sequoia‌‌ update through the Software Update section of System Settings. It is available for free on all Macs able to run macOS 15. With...
iPhone 17 Pro 34ths Perspective

iPhone 17 Pro Launching Later This Year With These 10 New Features

Sunday March 23, 2025 10:00 am PDT by
While the iPhone 17 Pro and iPhone 17 Pro Max are not expected to launch until September, there are already plenty of rumors about the devices. Below, we recap key changes rumored for the iPhone 17 Pro models as of March 2025: Aluminum frame: iPhone 17 Pro models are rumored to have an aluminum frame, whereas the iPhone 15 Pro and iPhone 16 Pro models have a titanium frame, and the iPhone ...
Apple Card iPhone 16 Pro Feature

Visa and American Express Vying to Win Apple Card Deal in 'Fierce' Fight

Tuesday April 1, 2025 1:50 pm PDT by
Visa wants to pay Apple approximately $100 million to be the new payment network for the Apple Card, reports The Wall Street Journal. As of right now, the Apple Card is on the Mastercard payment network, but that is set to change because Apple is ending its partnership with Goldman Sachs. Both American Express and Visa are vying to replace Mastercard as Apple's card services provider, while...

Top Rated Comments

sparks05 Avatar
172 months ago
Apple will crush estimates

Simple math shows that Apple will crush estimates this quarter. Looks like the consensus for iPhone unit sales is about 30 million. My estimate is 35.5 million. This is based on simple math. Here are some notes I made a couple of days ago.


* In Q3 Verizon sold 2 million iphones while Apple sold a total of over 17 million. Therefore, Verizon's iPhone sales represented 12% of total iPhone sales. In Q4 Verizon sold 4.2 million. 4.2 million is 12% of 35 million--pointing to 35 million iPhone sales.
* Apple recorded 1.7 million iPhone sales when the iPhone 4 was launched. This represents about 12% of total sales for that quarter. This year Apple recorded over 4 million iPhone sales during the opening weekend of the iPhone 4S. 4 million is 12% of 34 million--pointing to 34 million iPhone sales.
* This quarter an additional carrier was added in the United States: Sprint.
* Sprint declared its sales record was broken by 1PM EST on iPhone 4S launch day.
* AT&T was on track to double record iPhone activations in a single day for iPhone 4S launch--meaning double the day they released the iPhone 4. So if Apple's iPhone sales doubled for the 4S quarter just as they did with the iPhone 4 quarter, this is pointing to 34 million iPhone sales this quarter.
* There is an extra week in Q4 compared with Q3.
* The iPhone 4S launch falls in a quarter that leads right up to Christmas, including all holiday sales. The iPhone 4 was released in the summer. It is very likely that iPhone 4S sales kept more momentum than the iPhone 4 due to the holidays.
* Tim Cook's (Apple CEO) words should not be taken lightly: this marks "our fastest iPhone rollout ever"; "Customer response to products in China has been off the charts"; "we--in our wildest dreams, we couldn't have gotten off to a start as great as we have on the 4S."
* Apple has lower priced and more competitive iPhones available for purchase than it did when the iPhone 4 launched.
* Apple's Asia-Pacific segment is exploding and difficult for analysts to keep up with.
Score: 4 Votes (Like | Disagree)
voyagerd Avatar
172 months ago
I just bought Apple stock on Friday :eek:
Score: 2 Votes (Like | Disagree)
fins831 Avatar
172 months ago
Who wants to play 'what the stock will end at' game for Weds?
Score: 2 Votes (Like | Disagree)
Slurpy2k8 Avatar
172 months ago
I can't even wrap my mind around 35million phones. Damn.
Wasn't that long ago that 5 million iPhones per quarter was incredibly impressive.
Score: 1 Votes (Like | Disagree)
Apple Corps Avatar
172 months ago
You see this is the kind of fanboying which should be left at Macdailynews.

I don't understand the point you are trying to make?
Score: 1 Votes (Like | Disagree)
blacktape242 Avatar
172 months ago
I just bought Apple stock on Friday :eek:

bad timing....where were you 5 years ago.. ;)
Score: 1 Votes (Like | Disagree)