The Sellers Research Group’s take on Apple’s financial
Apple announces its latest financial results today at 2 pm (Pacific). Naturally, we’ll be covering the announcements in-depth. But first I wanted to give you the predictions of what Apple will announce, as determined by the Sellers Research Group (that’s me).
Wall Street expects Apple to report that it shipped 2.1-2.2 million Macs last quarter, a four to nine percent year-over-year decline. This would be the first time that Apple has reported a year-over-year decline in Mac shipments in five years.
I do think that the decline will happen, though I chalk it up more to the miserable economy than netbooks or more folks wanting dirt cheap computers. Those interested ONLY in price have never bought Macs anyway.
My forecast: Apple will report sales of 2.2-2.3 million Macs, beating (just barely) the Street’s estimates. I also think that the company will announce sales of 10-11 million iPods and at least 3.3 million iPhones.