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Wall Street analysts make their final Q1 2015 predictions for Apple

Steve Sande, @stevensande
January 27, 2015
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(Table from Fortune.com, Philip Elmer-DeWitt)

With only a few hours to go until Apple releases its Q1 2015 (October 1, 2014 - December 31, 2014) financial results, Fortune's Philip Elmer-DeWitt has pulled together estimates from a number of Wall Street analysts on exactly how they think the company did. The numbers, from 30 professionals and 15 amateurs, are pretty incredible.

First, Apple had provided guidance during the last call expecting revenues in the $63.5-$66.5 billion range. The amateurs think it's going to be about $69.27 billion, while the pros are a bit more pessimistic at "only" $68.28 billion. If one looks at the average of all the analysts, that's a year-over-year revenue gain of 19.3 percent over 2014's figure.

Earnings are expected to be about $2.68 per share, which is up almost 30 percent year over year. But the big news? Apple's earnings could be the biggest in US corporate history. The current record is held by Exxon, which had a $15 billion third quarter in 2008.

The analysts expect Apple to announce sales of 67.09 million iPhones (up 31.5 percent), 21.29 million iPads (down 18.2 percent), and 5.57 million Macs (up 15.2 percent).

We'll be live-blogging the earnings call at 5 PM ET (2 PM PT) and would love it if you stopped by to check our commentary on the proceedings. See you then!

All products recommended by Engadget are selected by our editorial team, independent of our parent company. Some of our stories include affiliate links. If you buy something through one of these links, we may earn an affiliate commission.
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