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April 25th

Earnings Release for Apple and Surprising Numbers

posted in Apple (AAPL), AT&T (T) |

Earnings for Apple Inc. (AAPL) are do in after the bell today. Estimates are coming in at around $0.64 per share. Nervousness around this 2nd quarter has been because of some speculation that this quarter could be significantly worse than expected due to the delay of Leopard. Fortunately for investors, this most recent quarter isn’t the be all and end all.

  • 1 million + people on waiting list for iPhone
  • An estimate of up to $30 billion added to market cap related to iPhone
    and
  • The future release of Leopard greatly increasing hardware sales

On a side note, AT&T (T) has been projected to get up to 60%+ new customers because of Cingular (The New AT&T) being the sole wireless provider.

Disclosure: Long Apple Inc. (AAPL) and AT&T (T)

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This entry was posted on Wednesday, April 25th, 2007 at 12:48 pm and is filed under Apple (AAPL), AT&T (T). You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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