macglenn

Apple Math: Market Share over Margins

In case you didn't get my point above. Next quarter PPS will likely be in the range of 1.40. Add to that the quarters iPhone cash flow of 1.00PPS and we get 2.40 PPS.

Apple Math: Market Share over Margins

This quarter we will not see much revenue from Apple's iPhone leg due to deferred accounting. Peter Oppenheimer guided at 1.00 per share for Q4 2008, his usual UPOD. What he did not say, was, that is also the number for the iPhone division's deferred revenue! ;-)

A conservative estimate of 6 million units this Qtr times 200 bucks in profit equals 1.2 billion in pretax, and i am assuming Apple is making at the very minimum $200 per unit in subsidization from any and all vendors. It will be very easy for Apple to earn a solid $1.00 per share in deferred revenue. That's money in the bank.

Apple: Expecting Short-Term Weakness

Spaceage, This quarter we will not see much revenue from Apple's iPhone leg due to deferred accounting. Peter Oppenheimer guided at 1.00 per share for Q4 2008, what he did not say, was, that is the number for the iPhone division's deferred revenue! ;-)

I estimate 6 million units this Qtr times 200 bucks in profit equals 1.2 billion in pretax, and i am assuming Apple is making at the very minimum $200 per unit in subsidization from any and all vendors. It will be very easy for Apple to earn a solid $1.00 per share in deferred revenue.