Apple on Tuesday reported earnings for the third quarter of fiscal 2011. Shares of Apple Tuesday were trading at near-record levels as investors expected Apple to post its biggest June quarterly earnings ever, and the company didn’t disappoint. Wall Street was predicting revenue of $24.92b, a whopping 58% YoY increase, and Apple’s revenue for the June quarter came in at a mind-blowing $28.57b. Analysts predicted 16.5 million iPhones, 4.2 million Macs, and 7.8 million iPads with actual sales coming...

Earlier this week, Forbes writer Philip Elmer-Dewitt collected third-quarter iPad sales estimates from some 39 different analysts — both amateur and professional — and laid out the tale of the tape ahead of Apple’s earnings report next week. On Wednesday, Dewitt collected third-quarter iPhone sales estimates from the same 39 analysts. Estimates range from the 15 million iPhones Needham’s Charlie Wolf predicted late last month to a record 20.25 million units suggested by Traderhood’s Nic...

Wall Street analysts are beginning to reevaluate their yearly iPad forecasts for Apple, Inc. Previous prognostications from the financial sector had the Cupertino-based company selling somewhere between 40 million and 50 million iPads during 2011. After Apple’s Q1 earnings call last week — where the company sold far fewer iPads than expected — the aforementioned analysts have started to reevaluate their estimates. “They are going to have comparison issues on the growth side,” said M...

The proverbial — and literal — stock of Apple, Inc. is sky high at the moment, which could be clouding the better judgement of some analysts. And this next prediction may fall into that category: 45 million iPads to be sold in 2011. The prognostication comes courtesy of intel acquired by Ticonderoga Securities from various component suppliers in China and Taiwan. ”During our visit to Asia last fall, we indicated that our checks were pointing to expectations for up to 45 million iPad unit sales by ...

Some analysts could soon find themselves in hot water as the U.S. Securities and Exchange Commission has opened an investigation into the legality of “channel checks.” Channel checks refer to the practice whereby analysts contact inside sources at manufacturing companies in order to glean inside information. This information often has a tendency to move the market, of course, but the SEC is now trying to determine whether or not the practice should be legal. “Insider trading basically comes down to wher...

Right before Q2 earning go live, Deutsche Bank has knighted Sprint with the coveted “buy” rating. DB noted that they “expect Sprint’s 2Q results to highlight continued improvements in its post paid ops,” which prompted Deutsche Bank to reduced their estimate for post-paid net losses from 500,000 to 400,000 for the quarter. The firms analysts credit strong sales of the HTC EVO 4G — the first 3G/4G hybrid smartphone — for Sprint’s lower churn rate (2.05%) and 4...

Analysts are contributing in tandem to the rumor mill today by proclaiming the inevitability of a Verizon Wireless-branded iPhone. First is Ben Reitzes of Barclays Capital, who says a Verizon Wireless iPhone could enter production in Q4 2010 and land in the first calendar quarter of 2011. Reitzes estimates that Verizon could sell as many as 9 million iPhones next year and anticipates a market in Asia for this CDMA variant of the iPhone 4. Not alone in the latest chapter of this seeming endless rumor, B...

Although none of its previous attempts at cracking the tablet market have been met with success, Rodman Renshaw analyst Ashok Kumar piped up today and claimed that Nokia is once again going to try to break into the now-burgeoning market. So far there’s nothing in the way of evidence to support his claims, but we don’t think we need to look much further than the fact Nokia and Intel recently merged Maemo with Mobilin to create MeeGo to see that the chances of Nokia once again putting a tablet on st...

Although customers have yet to touch the device, let alone see it in person, that hasn’t stopped iSuppli from predicting that Apple will ship a whopping 7.1 million units of the tablet in 2010. The numbers, which iSuppli has called “conservative”, are based on a high volume of sales to both early adopters and those who are “attracted to the iPad’s unique touch-screen-based user interface”. The number is definitely up there, it’s the highest prediction we’ve hear...

Just in case the current economic climate didn’t tip you off, Gartner has issued new predictions for PC sales in 2009 and things don’t look good. You don’t say? According to the firm, the PC market is in for its sharpest decline ever in 2009 with sales expected to drop a massive 11.9 percent. Should Gartner’s prediction be accurate, the PC business is in for a decline nearly three times its current record slide of 3.2 percent in 2001. Insights from George Shiffler, research director at...