Apple Ready to Taste $200
The company's revenue and profit forecast for the current quarter initially topped analysts' estimates, breaking with Apple's tradition of issuing conservative forecasts that fall below estimates.
"We're looking forward to a strong December quarter as we enter the holiday season with Apple's best products ever," Chief Executive Steve Jobs said in the company's last quarterly earnings statement. Apple forecast earnings of $1.42 a share on sales of $9.2 billion, but analysts have been ratcheting up their expectations, and now see the company earning $1.57 a share on $9.4 billion in sales, according to Thomson Financial.- Loading Comments...
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