Apple earnings expected to shine
Earnings report due out Monday afternoon is likely to be stellar, though the focus will quickly shift to Wednesday's expected tablet launch.
Apple's earnings report--after market close Monday--is likely to be stellar, but the focus will quickly shift from what one analyst calls the "year of the Mac" to Wednesday's expected launch of a tablet.
Analysts expect Apple to report earnings of $2.07 a share on revenue of $12.06 billion in the December quarter, which is Apple's fiscal first quarter. Analysts expect strong iPod sales, iPhone 3GS adoption, and Mac momentum. Here are the figures expected to propel Apple's results:
3.1 million: the number of Mac units Piper Jaffray analyst Gene Munster expects that Apple sold in the quarter. 9.3 million: the number of iPhones Apple sold in the quarter, according to Munster's predictions. 20.45 million: the number of iPods that Apple sold in the quarter based on Macquarie Research estimates.
Read more of "Apple's December quarter: Big earnings an appetizer ahead of tablet" at ZDNet's Between the Lines.