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The Sellers Research Group’s take on Apple’s financial

Written by: Dennis Sellers

Article Overview: 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.

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.

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Article Tags: apple, cheap computers, decline, dirt, ipods, last quarter, miserable economy, netbooks, research group, wall street



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