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
How can investors wrap their heads around 16 quarters of double-digit growth?
To fend off what he calls "superlatives fatigue," Asymco's Horace Dediu posted a pair of charts Wednesday that put Apple's (AAPL) sales and earnings growth in perspective.
The first, at right, assigns color bands to low, moderate, high, very high and exceptional (triple-digit) growth.
The second, below, is a little harder to make sense of, but it shows how much bigger MOREPhilip Elmer-DeWitt - May 4, 2011 2:08 PM ET
For the first time in decades, Apple's net income has overtaken Microsoft's
One by one, the bragging rights are going Steve Jobs' way.
In May 2010, Apple's (AAPL) market cap passed Microsoft's (MSFT).
In October, Apple overtook Microsoft in total revenue.
On Thursday, when Microsoft reported its earnings for the March quarter, Steve Ballmer lost what edge he still had. Microsoft's net income for calendar Q1 2011 was $5.23 billion. Apple's was $5.99 billion.
Also MOREPhilip Elmer-DeWitt - Apr 28, 2011 6:27 PM ET
Analysts are publishing their forecasts for Google's Q1 2011 earnings.
Thursday's earnings call will be the first under new CEO Larry Page and analysts are expecting to get some guidance on the direction of the company. Overall the outlook is positive with expectations of Google (GOOG) beating guidance and the Street.
Interestingly, there isn't much talk about the ITA purchase, which has now gotten Federal approval.
Here we go...Seth Weintraub - Apr 12, 2011 2:16 PM ET
Last quarter, 65% came from products that did not exist three and a half years ago
We've been waiting for Asymco's Horace Dediu to post the latest version of his lovely Apple (AAPL) quarterly sales chart because it's the one that shows most clearly how the company's various business lines are growing. You can read his analysis here.
[Follow Philip Elmer-DeWitt on Twitter @philiped]Philip Elmer-DeWitt - Jan 21, 2011 7:21 AM ET
Google reports earnings after the closing bell tomorrow and analysts weigh in on that they expect.
Sorry for the jargon, folks, but the analysts following Google aren't really the literary type. Reading through, there's not too much surprising here-- analysts are all expecting a blowout quarter for Google, due in large part to the holiday season. Let's check in on how much they see Google pulling in and what that'll do MORESeth Weintraub - Jan 19, 2011 3:46 PM ET
Four years ago, Microsoft (MSFT) pulled in nearly $6 billion more in sales than Apple (AAPL). Now Apple's is total revenue is $4.1 billion bigger than Microsoft's.
Meanwhile, Apple's market cap, which overtook Microsoft's in May, continues to outpace Redmond's. The total value of its shares now stands at $279.6 billion, compared with Microsoft's $227.4 billion.
It's still a Windows world
Ballmer's is still bigger than Jobs'
[Follow Philip Elmer-DeWitt on Twitter MOREPhilip Elmer-DeWitt - Oct 29, 2010 6:12 AM ET
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