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Mac sales likely to exceed expectations

Tue, 19th Jul 2011
FYI, this story is more than a year old

With Apple due to release its global quarterly results tomorrow, analysts are frothing in anticipation of substantial earnings. According to a report on CNet, analysts expect Apple to announce earnings of around $24.75 billion, well above the $23 billion predicted by chief financial officer Peter Oppenheimer at the last announcement in April. Apple Insider agrees, predicting earnings of $24.6 billion. This during a period in which consumers have been waiting patiently for updates to much of the Apple product line. Mac OS X Lion is due for release this month, with an updated MacBook Air lineup likely to follow. The iPhone is also due for an update judging by Apple’s usual schedule. TechDay will have a full report on the Apple earnings announcement tomorrow.

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