Apple is going to announce a huge first quarter this month, according to the latest series of analyst projections.
Apple Inc.? ? Apple Inc. Latest from The Business Journals Valpak coupons available on CheckPoints appSlideshow: 12 items to be less expensive in 2012CES: Gadgets, glitz, and Microsoft's curtain call Follow this company is going to announce a huge first quarter this month, according to the latest series of analyst projections which set price targets for its stock as high as $560.
The Cupertino, Calif.-based company's stock (NASDAQ:AAPL) rose to a new all-time high of $426.77 in morning trading.
For the Phoenix area, the news of Apple potentially having a big quarter is good for business at Intel Corp.? ? Intel Corp. Latest from The Business Journals Nuance, Intel team on voice-enabled UltrabookIntel Corp. seeks to help Stephen Hawking continue to talkAMD hires Rajan Naik as senior VP, chief strategy officer Follow this company Its Chandler operations manufactures chips used in the company's desktop computers.
Goldman Sachs? ? Goldman Sachs Latest from The Business Journals US HIFU hires Michael Klein as its new CEOHuman Genome Sciences to cut 150 jobsAnalysts boost Apple Q1 projections, stock hits new high Follow this company analyst Bill Shopes raised his earnings estimate for the quarter that ended in December to $9.94 a share from $9.44 and hiked his projections for iPhone sales to 31 million from 30.2 million.
"We believe Apple is set to report healthy December quarter upside and all signs point to better-than-expected performance through 2012," he wrote in a note to investors.
Needham & Co.? ? Needham & Co. Latest from The Business Journals Apple hits new high as analysts boost estimatesApple hits new high as analysts boost estimatesApple seen passing Hewlett-Packard in PC share in 2012 Follow this company analyst Charlie Wolf is even more bullish in his projections, forecasting earnings per share in the latest quarter of $10.85 a share, up from his previous projection of $9.55.
Wolf boosted his iPhone sales forecast to 32 million from 28 million and his iPad projection to 13 million from 12.5 million.
Apple Inc.? ? Apple Inc. Latest from The Business Journals Valpak coupons available on CheckPoints appSlideshow: 12 items to be less expensive in 2012CES: Gadgets, glitz, and Microsoft's curtain call Follow this company is going to announce a huge first quarter this month, according to the latest series of analyst projections which set price targets for its stock as high as $560.
The Cupertino, Calif.-based company's stock (NASDAQ:AAPL) rose to a new all-time high of $426.77 in morning trading.
For the Phoenix area, the news of Apple potentially having a big quarter is good for business at Intel Corp.? ? Intel Corp. Latest from The Business Journals Nuance, Intel team on voice-enabled UltrabookIntel Corp. seeks to help Stephen Hawking continue to talkAMD hires Rajan Naik as senior VP, chief strategy officer Follow this company Its Chandler operations manufactures chips used in the company's desktop computers.
Goldman Sachs? ? Goldman Sachs Latest from The Business Journals US HIFU hires Michael Klein as its new CEOHuman Genome Sciences to cut 150 jobsAnalysts boost Apple Q1 projections, stock hits new high Follow this company analyst Bill Shopes raised his earnings estimate for the quarter that ended in December to $9.94 a share from $9.44 and hiked his projections for iPhone sales to 31 million from 30.2 million.
"We believe Apple is set to report healthy December quarter upside and all signs point to better-than-expected performance through 2012," he wrote in a note to investors.
Needham & Co.? ? Needham & Co. Latest from The Business Journals Apple hits new high as analysts boost estimatesApple hits new high as analysts boost estimatesApple seen passing Hewlett-Packard in PC share in 2012 Follow this company analyst Charlie Wolf is even more bullish in his projections, forecasting earnings per share in the latest quarter of $10.85 a share, up from his previous projection of $9.55.
Wolf boosted his iPhone sales forecast to 32 million from 28 million and his iPad projection to 13 million from 12.5 million.
Source: http://feedproxy.google.com/~r/vertical_44/~3/R6beWskS6LU/apple-hits-new-high-as-analysts-boost.html
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