Apple Expected To Announce Blowout Earnings Of Nearly 30 Billion For Q4 2011!

Apple Inc. (NASDAQ: AAPL) is scheduled to report its fiscal fourth quarter ( Q4 ) results after the stock market closes on Tuesday. With Apple co-founder, Chairman and icon of the company Steve Jobs passing away on Oct. 5 and the company’s new iPhone 4S already selling out over 4 million units since going on sale at stores Oct. 14, Apple will be in the center stage tomorrow. Sales of the iPad2 continues to be strong this year after it was released.

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Apple Q4 Stock Performance (via Google Finance)

 

So here are some projections for share price and revenue, followed by some predictions from the major market analysts and stock market research firms.

Apple’s Q4 2011 Stock Price, Earnings Projections

The company is expected to report profit of $7.28 per share, on revenue of $29.45 billion. In the year-ago quarter, Apple’s profit was $4.64 per share on revenue of $20.3 billion. In the previous quarter, the company reported earnings of $7.79 per share on revenue of $28.6 billion.

Apple shares have been trading in the 52-week range between $297.76 and $426.70.

Apple’s Q4 2011 Stock Price, Earnings Projections

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One Response to "Apple Expected To Announce Blowout Earnings Of Nearly 30 Billion For Q4 2011!"

  1. savanah says:

    i need 2 know if that is true because this is for a project but iv seen other wize 4 this answer

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