Investment bank optimistic about Apple's financial results
He's forecasting revenue for the fiscal second quarter at US$7.04 billion, up from $6.93 billion and earnings per share (EPS) of $1.12, up from $1.11, and above the consensus of $1.06. Seyrafi is also predicting gross margins of 35 percent, above the guidance of 32 percent. The Caris & Company analyst thinks Apple will ship nine million iPods, 2.14 million Macs and two million iPhones.
For the June quarter, Seyrafi sees revenue of $7.35 billion and EPS of $1.14, which is above the Street's average of $7.14 billion and $1.10. Apple will announce its latest financial results on Wednesday, April 23.
[url=http://www.cariscompany.com/]Caris & Co.[/url] is an investment bank created by a group of leading Wall Street professionals.
"Macsimum News" is a proud supporter of [url=http://planetgumbo.org/]Planet Gumbo[/url], which feeds the hungry. We urge you to help them in their efforts.