CHART OF THE DAY: Apple's REAL Earnings Expectations

button more charts
button chart prev
button chart next

Apple is bound to crush earnings tomorrow, based on the fact that the company always low balls its guidance.

Its EPS has been outperforming guidance by 44% on average over the last six quarters, and revenue has been 18% higher than revenue guidance.

Based on this trend, Apple should report EPS of $7.90 on $29.38 billion revenue, versus its September EPS guidance of $5.50 EPS, and  $25 billion revenue guidance.

Wall Street consensus is at $29.45 billion for revenue and $7.28 for EPS.

chart of the day, apple's real earnings expectations, october 2011

Follow the Chart Of The Day on Twitter: @chartoftheday

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at