Apple earnings forecast for 2013: more iPhones, more iPads, more money

Apple earnings forecast for 2013: more iPhones, more iPads, more money
Investment company Piper Jaffray has released its earnings forecast for Apple for 2013 painting a pink future for Cupertino with 211 million reasons for that. That’s right, sales of Apple devices are expected to reach the whopping 211 million units in 2013, and the company is predicting an impressive $164 billion revenue with earning per share expected to reach $40.50, the company’s financial adviser Gene Munster estimated.

Those predictions actually beat Wall Street’s projections for earnings per share by 10% and are 8% ahead of the Street’s earnings number. At the same time, Apple is projected to continue accumulating cash with $140 per share in 2013, compared to $81 as of June 2011.

“We believe the markets for smartphones and tablets are big enough to support this growth, even if Apple’s ASP is significantly higher than its competition,” Munster noted. “Consumers have demonstrated their willingness to pay up for the best technology, and we expect this trend to continue.”

Most of that growth comes from a single product - the iPhone, which alone is expected to account for 49% of the total revenue in 2013. Munster’s analysis predicts that the iPhone will continue growing at 30% in 2012 and 29% in 2013. Meanwhile, it also differs than other in that it rules out the need for an “ultra low end” iPhone to sustain growth. 

The iPad, will be the second pillar of Apple’s success making up 21% of Apple revenue in 2013, growing by 39% next year and 35% throughout 2013. Piper Jaffray projects Apple shares to hit $607 in 12 months.

source: AppleInsider

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42 Comments

1. ilia1986 unregistered

The bigger they are - the harder they fall. Let's hope that they fall soon enough. Unless of course you want to see a market in which the only phone is an iPhone, the only slate is an iPad and the only computer is a Mac *shudders.

17. iKingTrust

Posts: 716; Member since: Jul 27, 2011

I would love that. I am tired of these half ass PCs. And these 99$ tables and oh yea phone that get viruses

18. ilia1986 unregistered

Then go live in Orvell's 1984, you ignorant iDiot. We prefer to stay in democracy, thankyou very much.

25. iKingTrust

Posts: 716; Member since: Jul 27, 2011

lol, I love it.

36. spanky

Posts: 81; Member since: Jun 02, 2011

haha well said.

20. darth8ball

Posts: 520; Member since: Aug 02, 2011

Don't be tired of them just don't buy them..... but don't hate on those that want them.

26. iKingTrust

Posts: 716; Member since: Jul 27, 2011

Its not about buying them. Its that they are all around. And when forced to use them I lose my mind. PCs are nothing but trouble and i fix them all day for work along with Macs. i love Macs

40. roldefol

Posts: 4744; Member since: Jan 28, 2011

In this economy, isn't that kind of job security a good thing? You should be praising those buggy PCs.

27. shafboy

Posts: 179; Member since: Sep 26, 2010

Nahh it will never be like that, the boredom will cause people to take new devices.. But no point being bad to Apple, they have earnt their position!

2. ilia1986 unregistered

I mean seriously - let's pretend that we don't know anything about Apple or Android or Google or whatever. How such a situation in which one company grows so much and gains so much power - while slapping lawsuits left and right and thereby eliminating any and all competition which somehow threaten it - while maintaining a policy of strictly closed source proprietary products - has come to pass?! Apple is the new Micro$oft of the 90's and early 2000's. Only they don't control just the OS - they control the whole leading platform. The leading platform in the 90's was the PC. Now it's mobile devices. And if someone doesn't stop them - they are going to control it worse than how MS controlled the PC back in the day.

6. Tre-Nitty

Posts: 470; Member since: Nov 16, 2010

Why don't you stop them buddy?

7. ilia1986 unregistered

Oh, I will. My next phone is an Android phone. People will realize the truth eventually.

3. PeterIfromsweden

Posts: 1230; Member since: Aug 03, 2011

"willingness to pay up for the best technology" Whooo, wait there a second. Apple never got the best technology in their iphone, they are always after the competition. For example when the first iphone was launched, they called it revolutionary. My Nokia N95 at the time was loads better than the iphone when it launched. I could install apps on my N95 iphone could not. The N95 had a much better camera, faster internet speeds. No that statement is definitely not true.

4. Mattkindmalta unregistered

Ive been an iphone user for years...this year i decided to go for a wp7 phone . You got admit , they have the best marketing strategy by far . They dont release a dual core phone back in january like samsung...they release it 9 months after so on every product they make more money . And lastly they have the best batterys on a mobile device !

5. PeterIfromsweden

Posts: 1230; Member since: Aug 03, 2011

My Samsung Wave has loads better battery than the iphone...

9. kainy

Posts: 165; Member since: Aug 10, 2011

Yeah my Nokia 3310 have more battery life over all nowadays phones ... The big phones are hungry for batter and the little ones are not ... so it goes for your Wave ...

37. PeterIfromsweden

Posts: 1230; Member since: Aug 03, 2011

The wave has a 1 ghz processor and a resolution of 800 x 480 pixels, so that is similar to the iphone for example... bada simply is very energy effecient.

11. Dj21o

Posts: 437; Member since: May 19, 2011

So you can get 2 days with push notifications and mild to standard use on it? If it is like anything Android, you don't. I've personally had it with Android. My stock Evo got 5 hours of battery on a good day, my phone crashed over night and I was late for work, and add in malware with viruses, I'm good. I'll be buying a WP7 or iPhone 5. 3 Android phones with the same response is enough for me.

14. mattkindmalta

Posts: 8; Member since: Sep 08, 2011

agree with you mate , my decision was wp7 or ios . I had an iphone 4 for a year , now decided to go for a wp7 phone...bought it new for 250 euros ( dell veneu pro )and not like the iphone 4 ( 700 euros ) and it does everything that the iphone do .

38. PeterIfromsweden

Posts: 1230; Member since: Aug 03, 2011

if the wave 3 is coming to USA, i recomend you check that out.

15. dj unregistered

enjoy all 3 of your total available apps.

39. PeterIfromsweden

Posts: 1230; Member since: Aug 03, 2011

3 ? I've got more than 6500 quality apps to choose from.

8. Kjayhawk

Posts: 294; Member since: Oct 07, 2010

The SG2 has better battery than the iphone....

10. mattkindmalta unregistered

if ur saying that the SG2 has a better battery than the iphone..then clearly you didnt used an iphone !

12. Dj21o

Posts: 437; Member since: May 19, 2011

Yeah, you're smoking some crazy s**t if you have an Android that has better battery life than an iPhone.

32. gallitoking

Posts: 4721; Member since: May 17, 2011

thank you felllows took the words out of my mouth....

21. darth8ball

Posts: 520; Member since: Aug 02, 2011

1420 mAh is not the best battery on a mobile device it is below average to say the least.

30. taco50

Posts: 5506; Member since: Oct 08, 2009

great example of why specs aren't everything. The iPhone is very power efficient and has a longer batter live than android phones even with a battery that might hold a smaller charge.

28. shafboy

Posts: 179; Member since: Sep 26, 2010

Yeah their marketing strategy is amazing

13. Mooooo

Posts: 212; Member since: Aug 27, 2011

My Nexus S easily lasts me the whole day. I have widgets running and use it a lot. Oh and no juice defender app on it.

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