The AFB AAPL FQ1 Estimate Index

The AFB AAPL FQ1 Estimate Index

The active members of the Apple Finance Board are best described as an assemblage of talented individuals with colorful personalities. They are outspoken, hardworking and focused on understanding everything there is to know about Apple and the company's financial performance.

As a service to the members of the AFB, a popular and well respected discussion board, I'm hosting the estimates for Apple's first fiscal quarter results developed by the members here at Posts At Eventide.  As the host of the index and commentator on the members and their entries, I'll be publishing my quarterly estimates in a separate blog post at Eventide before the end of the weekend. 

For many of the AFB members who submitted quarterly estimates for this index, it's their first effort at developing numbers for publication. However, newness to making public estimates belies years of studying Apple as a company and years of familiarity with Apple's popular consumer products. 

The average estimate of the 15 AFB members participating in the FQ1 index indicates expected revenue of $26.581 billion and earnings per share of $6.24. This is in contrast to the current Wall Street consensus of $24.12 billion in revenue and eps of $5.29. 

Knowing the active members of the AFB from years of moderating the board, it's a pleasure to host the FQ1 index at this Web presence. 

Comments on the index can be made below and for registered members of the AFB in the topic created specifically for this discussion. 

Robert Paul Leitao


Updated 01/08/10 to add final estimates from AFB members

The AFB AAPL FQ1 Estimate Index:

		Gross		Other	Income
Member Name	Revenue	Margin	OpEx	Income	Before Taxes	Tax Expense	Net Income	EPS
Nagrani	29,038	10,889	2,500		8,389	2,055	6,334	6.79
macorange	27,320						6,010	6.43
AHHA	25,801	9,804	2,200	25	7,629	1,640	5,989	6.43
JohnG	26,550							6.41
Tetrachloride	26,450							6.40
Gregg Thurman	26,981	10,306	2,482	60	7,884	1,932	5,952	6.38
awcabot	27,224	10,376	2,525	16	7,867	1,951	5,915	6.33
cdodge	27,215	9,988	2,521	25	7,487	1,572	5,915	6.33
pats	27,077	10,154	2,395	65	7,823	1,955	5,868	6.30
westech	26,975	10,251	2,500	60	7,811	1,835	5,975	6.29
ChasMac77	26,715						5,824	6.24
deagol	26,071	9,917	2,366	64	7,614	1,789	5,825	6.23
MichelC	26,732	10,158	2,500	36	7,694	1,924	5,735	6.14
CdnPhoto	25,462	10,312	2,300	65	8,077	2,359	5,718	6.12
Red Shirted Ensign	25,500	9,792	2,682		7,110			6.09
Mercel	25,987	9,719	2,400	25	7,344	1,689	5,655	6.05
snoozzzer	25,290	9,610	2,500	75	7,185	1,688	5,496	5.89
mbeauch	25,663	9,495	2,500	75	7,070	1,768	5,303	5.67
Average	26,558	10,055	2,455	49	7,642	1,858	5,834	6.25

Numbers are in millions except earnings per share.