Between 30% top line growth and aggressive share buybacks, Wall Street is looking for Apple to report Thursday that EPS grew 70% in fiscal Q4.
The independents at Estimize and Apple 3.0, who are usually better at this than the professional analysts, expect earnings per share to have grown 80% or more.
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I’ll post my full spreadsheet — with individual analyst’s estimates — tomorrow morning. We’ll find out after the markets close who was closer to the mark.
I’ll be monitoring the conference call with analysts, and you can too. Tune in here Thursday at 5 p.m. Eastern, 2 p.m. Pacific.
Institutions aren’t nearly as interested in AAPL as they are in MSFT, and that probably is the best explanation for the former’s stock price in 2021.
Bullseye on the institutional stockholders, who are far more heavily invested in MSFT than in AAPL. But Microsoft just flat doesn’t have the runway Apple does, as will become increasingly apparent over the years to come. Apple’s a much bigger company and it’s growing just as fast.
I’m expecting revenues and EPS that are going to wow even the most parsimonious Apple analysts. Earnings talk and BS walks!
We’ll see.
I am very comfortable with that.
EPS: 1.44 (revised)
Have you all submitted at least Gross Revenue and EPS numbers to Philip, if not the rest of your models? Get them in quick!