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Apple stock to hit $525 with $40 billion revenue in Q1: RBC

By on January 18, 2012 at 1:30pm in Mobile News


The numbers are just astounding, but according to RBC analyst Mike Abramsky, he expects Apple’s share price to hit $525 after its Q1 ’12  earnings results. Revenue is expected to exceed $40 billion, on earnings of $11/share, up from previous outlooks for the quarter of $38 billion and $10/share respectively.

Sales numbers are equally high: estimates of 32 million iPhones shipped in the December quarter, along with 13 million iPads and 5.1 million Macs. Last quarter, during the company’s conference call, Tim Cook explained that this upcoming period would be a record quarter for Apple.

Results are expected next Tuesday, January 24th, and we’ll bring you the coverage as it happens.

Source: AppleInsider

Related posts:

  1. Apple Q4 earnings: misses revenue targets, earns $6.62 billion in profit
  2. RIM Q1 Revenue was $2.24 billion, ships 5.4 million devices
  3. RIM shipped 37 million BlackBerry devices last year… revenue hit $15 billion
  4. Apple sells a whopping 8.7 million iPhones in Q1 2010

Discussion

26 comments for “Apple stock to hit $525 with $40 billion revenue in Q1: RBC”

  1. with profits like that, maybe they can reduce their product prices…

    Like or Dislike: Thumb up 36 Thumb down 5

    Posted by jon | January 18, 2012, 1:34 pm
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    • No, it will encourage them to keep paying 70 cents per hour for the poor kids in China, this is the ROTTEN Apple.

      Like or Dislike: Thumb up 6 Thumb down 6

      Posted by iTards | January 18, 2012, 5:25 pm

  2. Apple is printing money..lol

    Like or Dislike: Thumb up 15 Thumb down 5

    Posted by TheTigerTek | January 18, 2012, 1:41 pm
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  3. This post is a bit misleading as it implies that the analyst expects the “share price to hit $525 after its Q1 ’12 earnings results” — and therefore implies that that price would occur in Q1 2012. Unless otherwise stated, price targets are usually expressions of where the stock might be in 12-months’ time. I’ve read today’s RBC Research Brief and it doesn’t explictly state a timeframe. Therefore, this is almost certainly a prediction of a $525 stock price in early 2013 (a revision of the previous RBC 2013 Q1 estimate of $500). Still, that’s about a 25% price increase in a year so it’s worth noting!

    Like or Dislike: Thumb up 13 Thumb down 1

    Posted by ABS | January 18, 2012, 1:49 pm
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  4. Hidden due to low comment rating. Click here to see.

    Like or Dislike: Thumb up 14 Thumb down 30

    Posted by Peter | January 18, 2012, 1:51 pm
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    • Well Peter your smug response response is quite indicative of Apple fanboys.

      How much have you made on your shares in apple? Oh you don’t own any shares? Only millionaires and billionaires own shares in apple? well I am sure they thank you for sticking up for them and for overpaying for their products.

      Indeed who is the sucker

      Like or Dislike: Thumb up 42 Thumb down 10

      Posted by aviking | January 18, 2012, 2:00 pm

  5. I’m not a billionaire or a millionaire and I own shares in Apple..

    Like or Dislike: Thumb up 15 Thumb down 18

    Posted by Sergei | January 18, 2012, 2:04 pm
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    • Of course you do. *pat *pat

      Like or Dislike: Thumb up 13 Thumb down 6

      Posted by Me Ted | January 18, 2012, 2:11 pm

    • I don’t understand why having shares in Apple is such a big deal.. it’s not like I said I have an iPad3 on my hands.

      Like or Dislike: Thumb up 8 Thumb down 3

      Posted by Sergei | January 18, 2012, 2:32 pm

  6. THEY WILL FACE THE SAME SITUATION AS RIM, SOME ONE WILL BUY THEM FOR NUTS

    Like or Dislike: Thumb up 14 Thumb down 9

    Posted by SAM | January 18, 2012, 2:06 pm
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  7. DONT WORRY HUIWEI WILL BUY OUT APPLE VERY SOON!!! WHY? BECAUSE HUIWEI IS BACKED UP BY GOVERMENT OF CHINA! AT TIME THEN WE CAN REALLY CALL CHPPLE!

    Like or Dislike: Thumb up 5 Thumb down 9

    Posted by JOHN WU | January 18, 2012, 2:37 pm
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  8. [...] MobileSyrup.com [...]

    Like or Dislike: Thumb up 0 Thumb down 6

    Posted by ‘iPhone frenzy’ to drive huge Q1 for Apple – BGR | Jailbreak Information | January 18, 2012, 2:45 pm
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  9. WATCH WHAT WILL HAPPEN (COMING SOON), APPLE WILL BE A HOMELESS BEGGING SOME ONE ON THE STREET TO BUY THEIR GARBAGE!!!!

    Like or Dislike: Thumb up 5 Thumb down 10

    Posted by SAM | January 18, 2012, 2:47 pm
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    • you ok sam? you seem a bit tense…

      Like or Dislike: Thumb up 4 Thumb down 4

      Posted by Kennedyk24 | January 18, 2012, 3:29 pm

    • @Kennedyk24 I AM OKAY, ITS SOUND LIKE YOU ARE AN APPLE FAN :(

      Like or Dislike: Thumb up 2 Thumb down 2

      Posted by SAM | January 18, 2012, 3:51 pm

    • @Kennedyk24 TACTUALLY I SHOULD SAY A (BORED APPLY FAN) YOU HAVE THE SAME APP ON YOUR IPHONE NO WIDGET AND YOU HAVE TO STAY BESIDE A WALL TO RECHARGE YOUR IPHONE EVERY TWO HOURS

      TAKE IT EASY BUD!!

      Like or Dislike: Thumb up 2 Thumb down 3

      Posted by SAM | January 18, 2012, 4:02 pm

    • I am an apple fanboy too.

      I have an app that lets me control my laptop from anywhere in the world, all my banking apps, Ebay, bus schedule apps for my local transit, Facebook, most graphic intense mobile game, Skype, News apps, guitar tunes and a lot more.

      Although I am sorry I don’t have useless widgets to make my phone look nice.

      My phone does what i need it to and it makes me happy. I don’t need t worry about making sure there are apps in the background hogging up system resources. I don’t need to worry about when the next update is going to come out or if my carrier will allow it. I don’t need to worry about random phone crashes. And I don’t need to worry about apps having malware in them.

      Like or Dislike: Thumb up 9 Thumb down 15

      Posted by Rio | January 18, 2012, 4:11 pm

  10. CONGRATULATIONS THEN!!

    Like or Dislike: Thumb up 3 Thumb down 3

    Posted by SAM | January 18, 2012, 4:27 pm
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  11. I use Android but still hold a long position in Apple… it’s just business.

    Like or Dislike: Thumb up 4 Thumb down 1

    Posted by crimsona | January 18, 2012, 4:47 pm
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  12. I work in retail and hold some apple stock as well its just smart investing people .. if you can buy low and sell high . Better than bank interest

    Like or Dislike: Thumb up 3 Thumb down 1

    Posted by West Coasr | January 18, 2012, 4:56 pm
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  13. @West Coasr

    I agree! Just last June I believe, the stock was around 320. And now it’s said to hit 525!

    In less than a year you could have made around 200$ if you bought just one stock.

    Like or Dislike: Thumb up 0 Thumb down 1

    Posted by Rio | January 18, 2012, 5:50 pm
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  14. But iphones are for girls lolololol

    Like or Dislike: Thumb up 2 Thumb down 2

    Posted by Jimmy benfield | January 18, 2012, 7:26 pm
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  15. Microsoft and Apple part of the biggest companies in the world who make billions in profits.

    At least Microsoft is involved in grants that go back into society, education, health, etc…

    Apple on the other hand is also involved in grants but at a much lower scale. Its time that Apple follow Microsoft in giving back to society…

    Just my opinion.

    Like or Dislike: Thumb up 8 Thumb down 1

    Posted by rick | January 18, 2012, 7:37 pm
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    • Just because a company doesn’t advertise their donations/grants etc, doesnt mean they aren’t.

      There have been a number of private donations from both Tim cook and Steve jobs.
      Steve Jobs stated a number of times in his book, he doesn’t like advertising those sort of things.

      Like or Dislike: Thumb up 1 Thumb down 4

      Posted by Rio | January 19, 2012, 12:40 am

  16. WINNING!

    Like or Dislike: Thumb up 0 Thumb down 2

    Posted by Apple4Life | January 19, 2012, 12:31 am
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  17. I thought Apple didn’t pay out dividends? Good for you for owning their stock?

    Like or Dislike: Thumb up 2 Thumb down 0

    Posted by Apple | January 19, 2012, 2:09 am
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