Well, nobody is buying Apple’s conservative estimates for this quarter. Certainly not after the release of the latest Mac sales data from NPD Group this morning. Analysts had been calling for Apple to sell 2.45 million Macs in its third quarter. Instead, NPD says the company sold approximately 2.6 million.
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Here’s a bit of happy news in these sad, sad times. Apple’s going to post a hell of a first quarter–“the mother of all earnings blowouts,” according to Andy Zaky over at Bullish Cross, whose track record in forecasting such things is quite a bit better than that of the experts. When Apple releases its first-quarter results in January, Zaky believes the company will report earnings of $1.96 per share on sales of $11.29 billion.
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