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estimates

RadioShack profits slump on weak T-Mobile returns

April 26th, 2011

Reuters is reporting that this quarters pedestrian earnings filed by electronics retailer RadioShack has something to do with the wireless industry. Citing RBC Capital analyst Scot Ciccarelli, the publication notes that “RadioShack gave up a lot of compensation from AT&T and Sprint to carry T-Mobile [equipment], and this partnership doesn’t appear to be panning out the way …

iPad 2 sales to balloon 200% this quarter according to analyst

April 25th, 2011

Asymco’s Horace Dediu has a long history of pegging Apple earnings, and on Monday morning the analyst issued his revenue and EPS estimates for Apple’s third fiscal quarter of 2011. Dediu expects Apple to outpace its guidance, as usual, which the company set at 47% revenue growth and 43% EPS growth last week. Based on …

Lower Q1 iPad sales prompt analysts to slash 2011 tablet forecast for Apple

April 25th, 2011

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 …

Apple's Q2 iPad 2 sales may fall short of estimates

April 19th, 2011

Analyst Horace Dediu on Tuesday uncovered figures Apple provided in a recent legal complaint against Samsung that may give us a preview of iOS device performance in the second quarter of Apple’s fiscal 2011. Within Apple’s filing, the company states, “As of March 2011, more than 108 million iPhones had been sold worldwide.” It goes …

JP Morgan raises Q2 estimates ahead of Apple earnings next week

April 15th, 2011

Following RBC Capital Markets General Manager Mike Abramsky’s lead, JP Morgan analyst Mark Moskowitz on Friday raised his revenue and EPS estimates for Apple’s 2011 fiscal second quarter. RBC upped its second-quarter revenue estimate from $23 billion to $24 billion on Tuesday, citing pent up iPad demand and strong sales of the Verizon iPhone 4 and …

Optimism: firm predicts 45 million iPads sold in 2011

April 15th, 2011

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 …

Google posts 27% increase in revenues; Q1 earnings slightly miss mark

April 14th, 2011

Internet juggernaut Google has released its financial results from the first-quarter of 2011, and things are looking pretty good. The company posted revenues of $8.58 billion during the quarter — which represents a 27% increase year-over-year — with $5.88 billion of that figure being generated by Google-owned websites. The company failed to meet Wall Street’s …

The Motorola XOOM is most certainly not a flop

April 6th, 2011

The Motorola XOOM is a flop, several blogs proclaimed today on news that Deutsche Bank analysts estimate that Motorola Mobility has only sold 100,000 XOOM tablets so far. Only? In an unproven market that is barely a year old, we’re looking at a brand new device that is selling at a rate of 75,000 units …

Only 100,000 Motorola XOOM tablets sold so far, Deutsche Bank claims

April 6th, 2011

Motorola Mobility has sold 100,000 Motorola XOOM units through the tablet’s first two months of availability, Deutsche Bank analysts claim. The firm arrived at the 100,000 figure by using the Android developer site to see how many people are currently using the Honeycomb OS. Dow Jones’ Shara Tibken notes in her wire report that Apple’s original …