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.
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
- StreetInsider.com (CITI) : Citi Says Buy Apple (AAPL) Ahead of Q4 Results; Target Raised to $500 – By Richard Gardner CITI.
- marketwatch.com : Apple, Citi earnings to lead week’s market action
- zacks Research : Zacks Earnings Preview: Apple, United HealthCare, Tiffany Textron, Goldman Sachs and Morgan Stanley by Dirk Van Dijk, CFA. Get Zacks Analyst Report for AAPL.
- seekingalpha.com : seekin galpha Apple Earnings Preview: What We’re Watching Post-Jobs
- investorplace.com : Expect Apple to Be Apple for Tuesday’s 4Q Earnings Report – By Tom Taulli
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