Saturday, October 9, 2010

Did Apple Have a $20 Billion Quarter? [Chart]

Strong iPhone and iPad sales may have led Apple to its first $20 billion quarter according to analysts.

FORTUNE polled a total of 30 analysts:

Of the nine blogger-analysts we polled, all but two expect Apple to report earnings of $20 billion or more, including Muller who's put his marker on $20.313 billion. Among the 21 professional analysts polled, only one --Rodman & Renshaw's Ashok Kumar -- has crossed that divide. On Thursday, Reiner hiked his estimate to $19.864 billion. The Street's consensus is $18.76 billion.[more]

Combined the pros and the bloggers, FORTUNE calculated an average estimate of $19.38 billion. We'll find out who was correct come October 18th.

*thanks iclarified*

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- Posted using my iPhone 4

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