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Monday, July 21, 2008

NY Post Downgrades Apple CEO’s Weight to Underperform from Neutral

If Apple CFO Peter Oppenheimer’s April forecast was correct, Apple will report earnings of $1 per share on revenue of $7.2 billion when it posts third-quarter earnings later this afternoon. Of course, the company is known for low-balling expectations and being conservative with its fiscal outlooks, so if its results surpass this forecast, no one will be much surprised.

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About John

John Paczkowski has been poking fun at the tech industry and the personalities that drive it since 1997. From 1999 to 2007, he wrote the award-winning tech news Web log Good Morning Silicon Valley for the San Jose Mercury News, Silicon Valley's daily newspaper. Read more »

Ethics Statement

Here is a statement of my ethics and coverage policies. It is more than most of you want to know, but, in the age of suspicion of the media, I am laying it all out.

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