The company's quarterly income statement at a glance via Asymco's Horace Dediu
This "cascade" chart of Apple's (AAPL) fourth fiscal quarter of 2011, posted Monday by Asymco's Horace Dediu, takes some explanation.
At the simplest level, the height of the first column represents the company's top line ($28.27 billion total revenue) and the last column, in green, represents its bottom line ($6.62 billion profit).
As for the rest, Dediu offers some handy tips: (edited MOREPhilip Elmer-DeWitt - Nov 8, 2011 10:32 AM ET
On this one, most analysts agree: Summer '11 was even bigger than Christmas '10
The Mac was one of the few products that failed to live up to expectations in the June quarter (Apple's fiscal Q3). Analysts were looking for sales of 4.2 million. What Apple (AAPL) delivered was 3.95 million.
That's not likely to happen again on Tuesday, when Apple reports its earnings for fiscal Q4.
Everybody seems to agree that MOREPhilip Elmer-DeWitt - Oct 16, 2011 10:23 AM ET
The Street is looking for a falloff in sales. The amateurs are looking for a blowout.
I expect Apple (AAPL) to report two important iPhone statistics next week.
The first, the number of iPhone 4S units sold this coming weekend, the company won't know until after midnight Sunday. The other, the number of iPhones sold last quarter, it already has in hand.
In this post, I'm going to look at the second number, MOREPhilip Elmer-DeWitt - Oct 12, 2011 2:20 PM ET
With Q4 earnings due next week, the pros and the bloggers are $3.9 billion apart
It has become, for the Street, an embarrassing quarterly tradition.
The Apple (AAPL) independent analysts -- a growing community of bloggers, private investors and assorted amateurs -- file estimates that look, by Wall Street's standards, outrageously optimistic.
But as the day of reckoning approaches -- in this case, Tuesday Oct. 18, when Apple is scheduled to announce its MOREPhilip Elmer-DeWitt - Oct 11, 2011 2:13 PM ET
For as long as we have been tracking them, the bloggers have trounced the pros
On Sunday, the day after Apple's (AAPL) fourth quarter of fiscal 2011 ended, we posted preliminary revenue and EPS estimates from both Wall Street's Apple analysts and a group of amateurs we've been tracking for a couple of years.
After we posted the chart, one reader who calls himself jmmxx suggested that it would be more interesting to see how MOREPhilip Elmer-DeWitt - Sep 26, 2011 7:19 AM ET
Between the company, the Street and the amateur analysts, a range of $9.4 billion
Apple's (AAPL) fourth fiscal quarter of 2011 ended Saturday, and depending whose estimates you believe, it was either a ho-hum quarter or a record-smasher.
The chart at right shows the actual revenue and earnings per share for the previous 11 quarters -- Q1 2009 through Q3 2011. In the last three columns we've plotted three pairs of data MOREPhilip Elmer-DeWitt - Sep 25, 2011 5:18 PM ET
Piper Jaffray's estimate of 20% looks bullish by comparison. It looks crazy to us.
Gene Munster, Piper Jaffray's longtime Apple (AAPL) analyst, issued his estimates for calendar 2013 on Wednesday. The highlights:
Revenues of $164 billion (8% higher than The Street)
Earnings of $40.50 per share (10% higher)
Revenue growth slowing from 82% the June 2011 quarter to 20% in 2013.
The consensus among investors he polled was that growth would slow even more dramatically MORE
It's something the amateur analysts seem to understand and the pros still don't get
A day before Apple (AAPL) is scheduled to report its 3rd quarter earnings, Robert Paul Leitao thinks he has put his finger on what's wrong with the Street's view of the company.
Leitao, who rides herd over 30 amateur analysts at The Mac Observer's Apple Finance Board, has been tracking the gap between Apple's revenue and its earnings. MOREPhilip Elmer-DeWitt - Jul 18, 2011 7:54 AM ET
Estimates from 48 analysts forecast earnings growth between 50% and 107% year over year
This was a busy week for last-minute revisions from the Wall Street analysts that follow Apple (AAPL). The spreadsheet above shows the final estimates we've collected -- barring still more revisions -- from four dozen amateurs and professionals, along with each analyst's rank, where available, in our earnings smackdowns for Q1 and Q2.
An amateur, Traderhood's Nicolae Mihalache, MOREPhilip Elmer-DeWitt - Jul 15, 2011 12:22 PM ET
Up 21 slots from 2009. If ranked by profits, rather than revenues, it would be No. 8
Apple (AAPL) catapulted into the top 50 U.S. companies in the 2011 edition of the Fortune 500 released Friday. The rankings are based on revenues from the most recent fiscal year -- in Apple's case, the one that ended Sept. 2010. If profits had been the criterion, Apple would have come in eighth, right MOREPhilip Elmer-DeWitt - May 6, 2011 6:21 PM ET
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