Apple Earnings Smackdown: Final spreadsheet FQ3 2020

Exclusive: The analysts have placed their bets in advance of today’s June quarter results. The fun starts at 4:30 p.m. Eastern.

First the summary:

apple earnings smackdown final q3 2020

Click to enlarge.

Below: The individual analysts’ estimates—as complete, accurate and up-to-date as I can make them. Wall Street professionals in blue, independents in green. Corrections (and filled-in blanks) appreciated, but the window closes at 12 p.m.

apple earnings smackdown final q3 2020

Tune in after the markets close today for Apple’s results. I’ll be auditing the call, and you can too. Here’s the webcast link. Come back Friday morning for my regular post-earnings analysis: Five easy charts, Best and worst analysts and What the analysts are saying.

UPDATED 9:10 a.m. to move Bart Yee's estimates to correct columns.

UPDATED 11:22 a.m. to add Gene Munster's wearables estimate.


  1. Romeo A Esparrago Jr said:
    Thanks for all that you do, Philip.
    I can’t wait to read your coming posts & charts and the comments from our members.

    July 30, 2020
  2. Bart Yee said:
    Apple posted revenue of $59.7B, up 11% from YOY quarter. International sales accounted for 60% of revenue.
    Earnings per diluted share of $2.58 up 18% (no doubt helped by buybacks. Operating cash flow of $16.3B
    Double digit growth in Products and services plus growth in all geographic segments.

    !!!Approved dividend of 0.82 August 13. Also APPROVED 4:1 STOCK SPLIT!! August 24, 2020.


    July 30, 2020
  3. John Konopka said:
    AAPL up over $17 after hours!

    July 30, 2020

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