Apple Inc (AAPL)

[fmikehugo]

08:43 AAPL Apple: See in-line to slight upside to December quarter estimates; AppleTV to help March quarter (94.62 )

Amtech notes that AAPL is due to report its Dec qtr this Wednesday after the close, and they believe the co is on track to report results in-line to slightly above consensus, but well above AAPL's guidance (consensus ests have moved up considerably over the past month).

Firm sees continued strength in the Mac business (38% of rev), and with iPods they see a continued rebound. For the March qtr, for the first time in over a year, firm says consensus out-qtr rev ests appear reasonable, and they believe AAPL will guide conservatively, but in-line, to $5.1-5.3 bln in rev.