On average, analysts polled by Thomson Financial expect Apple to earn $1.07 per share on $6.95 billion in revenue for the three month period ending March, compared to management's guidance of $0.94 and $6.8 billion. Meanwhile, consensus estimates for Mac, iPod, and iPhone unit sales are ~2.1 million, ~8.5 to 10 million, and ~1 to 2 million, respectively.
Below are the latest estimates AppleInsider has on file for some of the leading Wall Street analysts currently providing coverage of Apple.
Piper Jaffray analyst Gene Munster
Profit: $1.19 per share
Revenue: $6.9 billion
Gross margin: 36 percent
Macs: 2.1 million
iPhones: 1.6 million to 2.0 million
iPods: 10.0 million to 10.5 million
Current rating: Buy
Price Target: $250
Profit: $1.10 per share
Revenue: $7 billion
Gross margin: 33.5 percent
Macs: 2.15 million
iPhones: 1.5 million
iPods: 10.0 million
Current rating: Neutral
Price Target: $175
Citigroup analyst Rich Gardner
Profit: $1.23 per share
Revenue: $7 billion
Gross margin: 36.5 percent
Macs: 2.1 million
iPhones: 1.5 million
iPods: 9.5 million
Current rating: Buy
Price Target: $212
Lehman Brothers analyst Ben Reitzes
Profit: $1.05 per share
Revenue: $6.95 billion
Gross margin: 33.2 percent
Macs: 2.09 million
iPhones: 1.5 million
iPods: 10.3 million
Current rating: Overweight
Price Target: $195
RBC Capital analyst Mike Abramsky
Profit: $1.11 per share
Revenue: $7.2 billion
Gross margin: 34 percent
Macs: 2.2 million
iPhones: 1.8 million
iPods: 10.0 million
Current rating: Outperform
Price Target: $190
Morgan Stanley analyst Katy Huberty
Profit: $1.10 per share
Revenue: $6.634 billion
Gross margin: 35.8 percent
Macs: 2.02 million
iPhones: 1.0 million
iPods: 8.5 million
Current rating: Overweight
Price Target: $185
Bank of America analyst Scott Craig
Profit: $1.07 per share
Revenue: $6.9 billion
Gross margin: ???
Macs: 2.021 million
iPhones: 1.22 million
iPods: 10.0 million
Current rating: Buy
Price Target: $160
Morgan Keegan analyst Tavis McCourt
Profit: $1.10 per share
Revenue: $7.143 billion
Gross margin: 34 percent
Macs: 2.092 million
iPhones: 1.4 million
iPods: 10.549 million
Current rating: Underperform
Price Target: ???
Note to analysts: The above figures represent the latest data AppleInsider had on file as of Tuesday evening. If there have been changes to your model, shoot us an email and we'll be happy to make updates to this report.
26 Comments
I like the 250$ AAPL price target
Many, many thanks, AppleInsider Staff! I've been trying to compile the above list on my own for the past couple of months (and not doing a very good job of it). Kudos!
Thank you AI for compiling this list! Now we'll see which analyst has the real mojo! (If any.)
Can't wait!
Thanks. It's going to be an interesting "call" today at 2 PDT. Was there any rationale in the order of listing? (To me, they are in roughly the order of my opinion of the analysts expertise wrt Apple and AAPL.)
Wu is predicting $175 in 12 months. Gee, I hope Apple can achieve that whole $11 per share.