Roundup of Analyst Expectations Ahead of Q3 2012 Earnings Call

Philip Elmer-Dewitt has put together his list of analyst expectations ahead of Apple's quarterly earnings report this afternoon. The list includes estimates from 68 analysts: 34 "independent" and 34 "institutional" who work for large investment houses or research organizations.

NewImage
As usual, the independents are much more bullish than the institutional analysts. The independent consensus expects earnings per share (EPS) of $12.31 on revenue of $41.49 billion. The institutional consensus is EPS of $10.33 on $37.21 billion in revenue. This is a 12% difference on revenue and a 19% difference on EPS.

Apple will announce its earnings for the third fiscal quarter of 2012 (second calendar quarter of 2012) and host a conference call regarding the release this afternoon at 5:00 PM Eastern / 2:00 PM Pacific. The earnings release itself typically comes in around 4:30 PM Eastern. MacRumors will have live coverage of the proceedings.

Last quarter the company earned $11.6 billion in profit on revenue of $39.2 billion. For the second fiscal quarter, Apple has issued guidance of $34 billion in revenue with profits of $8.68 per share. The company typically exceeds its guidance by a significant margin.

Popular Stories

New Things Your iPhone Can Do in iOS 18

20 New Things Your iPhone Can Do in iOS 18.2

Monday December 16, 2024 8:55 am PST by
Apple released iOS 18.2 in the second week of December, bringing the second round of Apple Intelligence features to iPhone 15 Pro and iPhone 16 models. This update brings several major advancements to Apple's AI integration, including completely new image generation tools and a range of Visual Intelligence-based enhancements. Apple has added a handful of new non-AI related feature controls as...
iphone 16 apple intelligence

Apple Drops Plans for iPhone Hardware Subscription Service

Wednesday December 18, 2024 11:39 am PST by
Apple is no longer planning to launch a hardware subscription service that would let customers "subscribe" to get a new iPhone each year, reports Bloomberg's Mark Gurman. Gurman first shared rumors about Apple's work on a hardware subscription service back in 2022, and at the time, he said that Apple wanted to develop a simple system that would allow customers to pay a monthly fee to gain...
iPhone 17 Pro Dual Tone Feature 1

iPhone 17 Pro Rumored to Stick With 'Triangular' Camera Design

Wednesday December 18, 2024 2:36 am PST by
Contrary to recent reports, the iPhone 17 Pro will not feature a horizontal camera layout, according to the leaker known as "Instant Digital." In a new post on Weibo, the leaker said that a source has confirmed that while the appearance of the back of the iPhone 17 Pro has indeed changed, the layout of the three cameras is "still triangular," rather than the "horizontal bar spread on the...
elevation lab airtag battery

Your AirTag's Battery Will Last for Up to 10 Years With Elevation Lab's New TimeCapsule Enclosure

Wednesday December 18, 2024 10:05 am PST by
Elevation Lab today announced the launch of TimeCapsule, an innovative and simple solution for increasing the battery life of Apple's AirTag. Priced at $20, TimeCapsule is an AirTag enclosure that houses two AA batteries that offer 14x more battery capacity than the CR2032 battery that the AirTag runs on. It works by attaching the AirTag's upper housing to the built-in custom contact in the...
apple tv 4k yellow bg feature

New Apple TV Rumored to Launch Next Year With These Features

Tuesday December 17, 2024 9:02 am PST by
The current Apple TV 4K was released more than two years ago, so the streaming device is becoming due for a hardware upgrade soon. Fortunately, it was recently rumored that a new Apple TV will launch at some point next year. Below, we recap rumors about the next-generation Apple TV. Bloomberg's Mark Gurman last week reported that Apple has been working on its own combined Wi-Fi and...
blackmagic vision pro

Blackmagic Debuts $30K 3D Camera for Capturing Video for Vision Pro

Monday December 16, 2024 4:17 pm PST by
Blackmagic today announced that its URSA Cine Immersive camera is now available for pre-order, with deliveries set to start late in the first quarter of 2025. Blackmagic says that this is the world's first commercial camera system designed to capture 3D content for the Vision Pro. The URSA Cine Immersive camera was first introduced in June, but it has not been available for purchase until...
mac pro creativity

Apple Launched the Controversial 'Trashcan' Mac Pro 11 Years Ago Today

Thursday December 19, 2024 7:00 pm PST by
Apple launched the controversial "trashcan" Mac Pro eleven years ago today, introducing one of its most criticized designs that persisted through a period of widespread discontentment with the Mac lineup. The redesign took the Mac Pro in an entirely new direction, spearheaded by a polished aluminum cylindrical design that became unofficially dubbed the "trashcan" in the Mac community. All of ...
iPhone 17 Slim Feature

'iPhone 17 Air' With 'Major' Design Changes and 19-Inch MacBook Detailed in New Report

Sunday December 15, 2024 9:47 am PST by
Apple is planning a series of "major design" and "format changes" for iPhones over the next few years, according to The Wall Street Journal's Aaron Tilley and Yang Jie. The paywalled report published today corroborated the widely-rumored "iPhone 17 Air" with an "ultrathin" design that is thinner than current iPhone models. The report did not mention a specific measurement, but previous...

Top Rated Comments

hobo.hopkins Avatar
162 months ago
I find it pretty hard to believe that the 13" MBP is the top volume model. You almost never see them, where as a lot of people have the 15". The 13" Air, on the other hand, is extremely popular.
My experience has been the exact opposite. I see almost exclusively 13" MacBook Pros at University settings.
Score: 4 Votes (Like | Disagree)
cvaldes Avatar
162 months ago
LOL, ace (*cough cough*) ANAL-yst Huberty is lowballing this one, coming in at the bottom.
How does she still have a job?
Because technology media sites (MacRumors, AppleInsider, etc.) will post her lunatic babblings to generate pageviews.
Score: 3 Votes (Like | Disagree)
cvaldes Avatar
162 months ago
I'm sticking to my guns (https://forums.macrumors.com/showthread.php?p=14770679&posted=1#post14770679).

$12.35 EPS on $40.1B revenue

LOL, ace (*cough cough*) ANAL-yst Huberty is lowballing this one, coming in at the bottom.

:p
Score: 3 Votes (Like | Disagree)
BrownManUPS Avatar
162 months ago
Hope to hear about the ML release tomorrow.
Score: 3 Votes (Like | Disagree)
Reason077 Avatar
162 months ago
Looks likely to be another blowout quarter from Apple.

The Mac numbers will be interesting, however. Will the Retina MacBook be enough to reverse the poor sales growth seen recently?
Score: 3 Votes (Like | Disagree)
cvaldes Avatar
162 months ago
But her company loses credibility. I'd never invest with Morgan Stanley or even recommend them because they refuse to fire someone like her. Oh well.
Morgan Stanley probably has hundreds of analysts covering all sorts of industries. The track record of one specific individual is irrelevant (except to anyone listening to that person).

Huberty is very consistent in her ineptitude, so one can use her predictions, not as what Apple will do, but as what Apple will not do.

She definitely is not a star-rated analyst, although that never stops MacRumors/AppleInsider/other sites from quoting her. Like I said, her nonsensical reports generate pageviews.

----------


Roundup of Customer Expectations After Q3 2012 Earnings Call
New Mini
New iMac
New TB Display
Apple generally announces new hardware products on Tuesdays, so it is unlikely that Apple will release these the day after an analyst conference call.

More likely would be the availability of OS X 10.8 Mountain Lion. Apple has already covered the features several times, including WWDC, so the arrival is a foregone conclusion. Apple released 10.7 Lion the day after their Q2FY2011 call, so it's a far more likely scenario.
Score: 2 Votes (Like | Disagree)