Analysts surveyed by Thomson Financial estimate Apple will earn 64 cents a share on $5.17 billion in revenue for its second-fiscal quarter, while the company previously forecast a profit of between 54 cents and 56 cents a share, and sales in a range of $4.8 billion to $4.9 billion.
I have been following Apple seriously since 1998. It seems every quarter to beat the analysts (in fact I cannot recall the last quarter it failed to meet or exceed expectations).
So, to that end, I'm setting up an informal contest to see if someone can guess what earnings Apple will report. I'm going to say 65 cents a share and $5.20 billion in revenue. Anyone else?
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