Apple's Guidance And History Suggest Q1 2015 Revenues Of $66.3 Billion And $2.56 EPS
- Apple has historically beat the top end of revenue guidance in one quarter and then followed it up with the following quarter within guidance range.
- Guidance ranges may be set up to achieve this result to avoid the ranges being seen as consistently too conservative.
- Gross margins have hit at the top end of the guidance range for the past six quarters.
- Following these patterns results in a projection of $66.3 billion in revenue and $2.56 EPS.