A point estimate is crap but fun anyway 3.30 per share on 15 billion in income. The real wildcard is what the gross margin will be.
Based on the fact that current iMacs are getting long in the tooth (read higher margin) and iPhone continues to grow as a percent of total business that gross margins will stay over 40%
A real number is somewhere between 2.90 and 4.40 a share.
There will hopefully be lots of good information on the call about pipeline constraints since current demand for iPhone and iPad appears to be outstripping supply.
Listen in at. www.apple.com/investor
5:00 pm Eastern.
Tuesday, July 20, 2010
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