None of my estimates include any new product categories, but I do expect a new iPhone in late September and new iPads in November. Since I really doubt the market has decided to fully value Apple's current product lines as I project them (within my theory of 10x fwd EPS plus cash), it's clear that expectations about new categories for this year and next are somewhat baked into the current price. Keep this in mind as we get past the earnings report and rest of the year announcements.
Detailed estimates:
3mo ending Jun-2014 Rev($M) EPS($) GM(%) ------------------- ------- ------ ----- Analysts consensus 37,860 1.22 Apple guide low 36,000 1.13e 37.0 Apple guide high 38,000 1.25e 38.0 Deagol estimates 38,755 1.33 38.7 (5.98b shares) 3mo ending Sep-2014 Rev($M) EPS($) GM(%) ------------------- ------- ------ ----- Analysts consensus 40,650 1.34 Apple guide low (e) 38,000 1.28 37.5 Apple guide high(e) 40,000 1.41 38.5 Deagol estimates 41,763 1.51 38.7 (5.85b shares) 12m ending Sep-2015 Rev($M) EPS($) ------------------- ------- ------ Analysts consensus 195,060 6.93 Deagol estimates 195,224 7.58
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