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Will Apple (AAPL) Earnings Take a Back Seat to iSlate Tablet and iPhone Carrier Rumors?

April 26, 2017aapl Apple Earnings iPhone islate rumors seat tablet

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Will Apple (AAPL) Earnings Take a Back Seat to iSlate Tablet and iPhone Carrier Rumors?

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Apple Inc. (AAPL) is on deck to report earnings this afternoon after the closing bell. Today’s report is likely to have a much wider look than just earnings because of Apple’s upcoming iSlate tablet launch and the potential opening of distributors and wireless carriers on the iPhone. Thomson Reuters has estimates pegged at $2.07 EPS (non-GAAP) and revenues of $12.06 billion. Just keep in mind that estimates were not significantly raised throughout the quarter, and there are whispers out there of $2.25 EPS. In fact, the top analyst target is $2.27 EPS, so some might even be hoping for more than this. Apple usually offers some guidance. Thomson Reuters has a non-GAAP estimate of $1.77 EPS and $10.37 billion in revenues for the current quarter. And for a fiscal September 2010, the estimates are $7.91 EPS and $45.24 billion in revenue.