RESILIENT MEIA ENTERTAINMENT BENNY QUETELL

Thursday, January 24, 2013

Can Apple Get to $60 Billion in Revenue? Here's How.


Apple announces it December quarter results after the market closes on Wednesday, January 23. The company’s revenue guidance was $52 billion, which would be an increase of 12% from last years $46.3 billion. The Street‘s average revenue estimate is $54.7 billion, an increase of 18% year over year and my base case is $57 billion in revenue, an increase of 23%. The growth rates are apples to oranges since the December 2011 quarter had 14 weeks and the December 2012 quarter was 13 weeks. To adjust for the difference you need to add 7% to the year over year growth rates. 

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