A consensus of 47 analysts compiled by Fortune says Apple’s financial news will be good when it’s reported later today.
Analysts are expecting the company to report earnings of $58.1B for the final quarter of last year (Apple’s fiscal quarter 1), representing 4 percent earnings growth over the same quarter last year. This would be right at the top end of Apple’s guidance of $55-58B, and the first time in a year that Apple would have reported year-on-year growth …
Only seven analysts say Apple will report negative growth, however, Fortune notes that only two of the anti-growth estimates were made in the last three months.
As usual, we’ll be bringing you all the numbers later today as Apple reports it’s quarterly results. You can also listen in on the call at 5PM Eastern/2PM Pacific, and use the graphic above if you want to keep score as to how the individual analysts performed with their predictions.