FORTUNE -- One thing that jumps out at you when you're looking at a lot of Apple (AAPL) analysts' estimates -- as I have been for the past couple of weeks -- are those large, last-minute adjustments.
Sell-side analysts will often offer their clients one set of estimates a few weeks into the quarter and a second shortly before the results are due. When the change is more than billion dollars -- up or down -- it's a pretty strong signal one way or the other.
Two of those billion dollar-plus signals came in last week, just a few days before Apple was scheduled to report its earnings for the fiscal first quarter of 2014.
Both analysts attributed their new, more bullish attitude to what they're picking up about iPhone and iPad sales over the holiday quarter. As Shope put it:
"Our upward revisions for the December quarter are largely driven by better-than-expected mix for both iPhones (5s versus 5c) and iPad (air versus mini), and our increased confidence in the March quarter is largely driven by the China Mobile iPhone launch on January 17."
Coming soon: The full spreadsheet of Q1 2014 estimates. We'll get the actual results Monday after the markets close.
Do investors care about a company's environmental risk? Three high-profile investors debated this topic at Fortune's Brainstorm Green conference.
By Leigh Gallagher, assistant managing editor
FORTUNE -- A trio of high-profile investors debated the investment community's acceptance of environmental risk in a late afternoon panel at Fortune's Brainstorm Green conference in Laguna Niguel, Calif., earlier this week. David Blood, cofounder of Generation Investment Management, Goldman Sachs' Abby Joseph Cohen and asset MOREMay 2, 2013 4:02 PM ET
Drops Apple from "conviction list" but ups its Q2 revenue estimate and rates it a Buy.
FORTUNE -- It could have been worse for Apple (AAPL).
In a flurry of notes issued Tuesday, Goldman Sachs' Bill Shope lowered his forecast for the entire PC industry and downgraded Hewlett-Packard (HPQ) from Neutral to Sell.
Apple got a mixed review. Although Shope removed the company from Goldman's coveted "conviction list" and lowered his price target MOREPhilip Elmer-DeWitt - Apr 2, 2013 10:58 AM ET
Dismisses shareholder suit as silly sideshow; says visits to Apple Store are like Prozac
FORTUNE -- Apple (AAPL) is streaming Tim Cook's remarks live on its website here.
We invite you follow along with us.
Goldman CEO Lloyd Blankfein did the introduction. The questions will be posed by Bill Shope, Goldman Sachs' chief Apple watcher.
Q: Starts with a question about distributing Apple's cash to shareholders.
A: "Apple doesn't have a depression era mentality," in MOREPhilip Elmer-DeWitt - Feb 12, 2013 10:22 AM ET
His Goldman Sachs keynote, scheduled for 4:15 p.m. ET has been shifted to 10:15 a.m.
FORTUNE -- Not sure what this means, but the much-anticipated presentation that Apple (AAPL) CEO Tim Cook was scheduled to give at Goldman Sachs's (GS) technology conference Tuesday has been moved.
It was originally scheduled for 1:15 p.m. Pacific (4:15 p.m. Eastern). Now, according to Apple's Investor Relations page, Cook will speak at 7:15 a.m. Pacific (10:15 Eastern).
In MOREPhilip Elmer-DeWitt - Feb 11, 2013 12:22 PM ET
Wall Street's great vampire squid strikes again
FORTUNE -- Last Tuesday, the day before Apple (AAPL) released its holiday quarter earnings and two days before the company lost $60 billion in market value, Goldman Sachs (GS) sold $30 million worth of so-called structured bonds tied to the performance of Apple's stock, SEC filings show.
At the time of the sale, Bill Shope, Goldman's Apple equities specialist, was predicting that the company's shares MOREPhilip Elmer-DeWitt - Jan 29, 2013 7:15 AM ET
Microsoft quietly gears up to take on Google Apps; one iPad lovers' take on the Nexus 7.
As tablet race heats up, Apple may try smaller device [THE NEW YORK TIMES]
Apple's plan for a tablet with a smaller screen is part of a textbook business strategy: to lure customers who want different sizes of tablets into the iPad product family, say analysts and technology industry executives. ... The strategy would most likely MOREJP Mangalindan, Writer - Jul 16, 2012 9:46 AM ET
In a survey of 1,000 customers, 21% said they wouldn't leave the platform for any price
FORTUNE -- According to Goldman Sachs' Bill Shope, Wall Street tends to view Apple (AAPL) as a hardware company that is only as valuable as its next hit product -- as if its famously loyal iPhone and iPad customers or its unusually sticky iOS software platform were worth nothing.
So he conducted a two-part study to MOREPhilip Elmer-DeWitt - Jun 29, 2012 12:20 PM ET
The company managed, however, to stay off Goldman's list of the funds' favorite shorts
FORTUNE -- Goldman Sachs (GS) on Thursday issued its Q1 2012 Hedge Fund Trend Monitor report, which lists both the 50 stocks most important to hedge funds as well the 50 "Very Important Short Positions For Hedge Funds."
Apple (AAPL) doesn't appear on the second list, but it tops the first:
Stock: Number of funds with stock as top 10 holding.
1. MOREPhilip Elmer-DeWitt - May 25, 2012 10:21 AM ET
In two weeks, the company's value had been pulled down by nearly one Amazon
FORTUNE -- In the words of Jason Schwarz:
"If you can keep a good stock down then you are able to load up for the ride back up. It's like a slingshot -- the harder you pull, the more propulsion you generate." -- Apple: Seven reasons shorts love it
There was a lot of pent-up value in Apple (AAPL) MOREPhilip Elmer-DeWitt - Apr 26, 2012 7:04 AM ET
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