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coreguy

01/17/07 10:58 PM

#65352 RE: roni #65349

you're right, roni but
they didn't make the analyst projections for next quarter, which many consider very important. I personally trust performance more than revenue and income projection, particularly when we all know how conservative Apple's projections usually are.

"Investor enthusiasm over the blowout quarter, however, was curbed by a second-quarter outlook that fell below analyst expectations. Apple officials said the March quarter forecast partly stems from expectations of slightly lower gross margins and slower software sales ahead of the company's spring release of its upgrade to the Mac OS X operating system, dubbed Leopard.
...
Apple forecast fiscal second-quarter revenue of $4.8 billion to $4.9 billion and earnings per share of 54 cents to 56 cents. Analysts had projected revenues of $5.22 billion and earnings per share of 60 cents, according to Thomson Financial."
http://biz.yahoo.com/ap/070117/earns_apple.html?.v=24

Ironically, they also get criticized for sandbagging the projections as you know.