Apple Inc: (NASD: AAPL)

$424.99

-6.78 (-1.57%)

Volume 7,482,634

Jun 19 03:18 PM ET

Zacks Rank: 3-Hold

Zacks Rank	Definition	Annualized Return
#1	Strong Buy	26.6%
#2	Buy	18.71%
#3	Hold	10.12%
#4	Sell	4.32%
#5	Strong Sell	2.16%
S&P	500	9.93%

Detailed Estimates

Current Quarter Estimate	7.33
Next Quarter Estimate	8.14
Current Year Estimate	39.43
Next Year Estimate	44.03
Expected Earnings Growth	14.99%
Expected Sales Growth	47.08%
Next Earnings Report Date	07-23-2013
EPS Last Quarter	10.18
Last Quarter EPS Surprise	-0.88%
EPS (Trailing 12 Mos.)	41.89
P/E (F1)	10.95
ABR	1.59

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		Zacks Rank  Short-Term: 1-3 Months
                                                                
                                                                Zacks #1 Rank Strong Buys
                                                                
                                                            This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below. 

                                                                        Zacks Rank
                                                                        Definition
                                                                        Annualized Return
                                                                    
                                                                        #1
                                                                        Strong Buy
                                                                        26.6%
                                                                    
                                                                        #2
                                                                        Buy
                                                                        18.71%
                                                                    
                                                                        #3
                                                                        Hold
                                                                        10.12%
                                                                    
                                                                        #4
                                                                        Sell
                                                                        4.32%
                                                                    
                                                                        #5
                                                                        Strong Sell
                                                                        2.16%
                                                                    
                                                                        S&P
                                                                        500
                                                                        9.93%
                                                                    
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		3
Hold

		Zacks Recommendation  Long-Term: 6+ Months
                                                                
                                                                All Outperform Rated Stocks
                                                                
                                                            Zacks Recommendations are an excellent predictor of stock price movement over a 6+ month time frame. The recommendations come from the Zacks Equity Research group which combines the Zacks Rank with the insights from their team of over 50 equity analysts. The result is superior long term stock ratings.
The Zacks Recommendations are split into 3 groups: Buy, Hold and Sell. Our Buy recommendations have generated returns of 34.4% in 2006, and 16.69% in 2007. When Zacks Premium members click on the recommendation it will launch them to the Zacks Equity Research report for the stock.    More on these reports below.

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		Zacks Industry Rank Which industries are set to outperform or underperform the market? You'll find the answer here. We have broken down all industries into over 200 classifications. Then ranked these industries using the most powerful indicator we know (the Zacks Rank). The higher the industry rank, the better the industry should perform in the future. Once you have found an attractive industry then check out the Rank in Industry to find the best stocks within the industry.
When Zacks Premium members click on the Zacks Industry Rank link they will see the full listing of industries and their current rankings.

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		254 out of 265
	
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		Top Peers
		Symbol
		Zacks Rank
	
		APPLE INC
		AAPL
		
		DELL INC
		DELL
		
                                  See all COMP-MICRO Peers
                                
Turn Earnings Surprises into quick profits.

Top Peers	Symbol	Zacks Rank
APPLE INC	AAPL
DELL INC	DELL

            Earnings Growth Estimates
         
		AAPL
		IND
		S&P
	
		Current Qtr (06/2013)
		-21.37
		NA
		NA
	
		Next Qtr (09/2013)
		-6.12
		NA
		NA
	
		Current Year (09/2012)
		-10.70
		-25.30
		11.40
	
		Next Year (09/2013)
		11.60
		11.70
		6.50
	
		Past 5 Years
		57.00
		31.40
		5.70
	
		Next 5 Years
		15.00
		8.80
		NA
	
		PE
		10.90
		12.00
		15.30
	
		PEG Ratio
		0.73
		1.36
		NA
	
            Detailed Earnings Estimates
         
		Current Qtr 
 (06/2013)
		Next Qtr 
 (09/2013)
		Current Year 
 (09/2013)
		Next Year 
 (09/2014)
	
		Zacks Consensus Estimate
		7.33
		8.14
		39.43
		44.03
	
		# of Estimates
		30
		26
		33
		32
	
		Most Recent Consensus
		7.35
		8.85
		39.74
		42.35
	
		High Estimate
		8.15
		11.54
		42.87
		50.31
	
		Low Estimate
		6.92
		6.98
		37.84
		38.23
	
		Year ago EPS
		9.32
		8.67
		44.15
		39.43
	
		Year over Year Growth Est.
		-21.37%
		-6.12%
		-10.68%
		11.65%
	
            Agreement - Estimate Revisions
       
		Current Qtr 
(06/2013)
		Next Qtr  
(09/2013)
		Current Year 
 (09/2013)
		Next Year 
   (09/2014)
	
		Up Last 7 Days
		0
		0
		0
		0
	
		Up Last 30 Days
		0
		1
		1
		1
	
		Up Last 60 Days
		2
		1
		1
		1
	
		Down Last 7 Days
		0
		0
		0
		0
	
		Down Last 30 Days
		0
		0
		1
		2
	
		Down Last 60 Days
		19
		20
		25
		24
	
            Magnitude - Consensus Estimate Trend
       
		Current Qtr 
 (06/2013)
		Next Qtr 
 (09/2013)
		Current Year 
 (09/2013)
		Next Year 
 (09/2014)
	
		Current
		7.33
		8.14
		39.43
		44.03
	
		7 Days Ago
		7.33
		8.14
		39.43
		44.03
	
		30 Days Ago
		7.33
		8.11
		39.43
		44.07
	
		60 Days Ago
		8.98
		10.23
		43.52
		49.79
	
		90 Days Ago
		9.67
		10.40
		44.65
		51.16
	
            Upside - Most Accurate Estimate versus Zacks Consensus
         
		Current Qtr 
 (06/2013)
		Next Qtr 
 (09/2013)
		Current Year 
 (09/2013)
		Next Year 
 (09/2014)
	
		Most Accurate Estimate
		7.35
		8.54
		39.61
		44.69
	
		Zacks Consensus Estimate
		7.33
		8.14
		39.43
		44.03
	
		Earnings ESP 
		0.27%
		4.91%
		0.46%
		1.50%
	
Earnings ESP (Expected Surprise Prediction) is Zacks' proprietary methodology for determining which stocks have the best chance to surprise with their next earnings announcement. The Earnings ESP shows the percentage difference between the Most Accurate Estimate and the Consensus. This % difference = the expected surprise prediction.

            Surprise - Reported Earnings History
         
		Quarter Ending 
 (03/2013)
		Quarter Ending 
 (12/2012)
		Quarter Ending 
 (09/2012)
		Quarter Ending 
 (06/2012)
		Average Surprise
	
		Reported
		10.09
		13.81
		8.67
		9.32
		NA
	
		Estimate
		10.18
		13.44
		8.85
		10.35
		NA
	
		Difference
		-0.09
		0.37
		-0.18
		-1.03
		-0.23
	
		Surprise
		-0.88%
		2.75%
		-2.03%
		-9.95%
		-2.53%
	
        Earnings Transcript for AAPL from 10/25/2012
        
                                Quarterly Estimates by Analyst
                            
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                                Annual Estimates by Analyst
                            
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Apple Inc: (NASD: AAPL)

$424.99

-6.78 (-1.57%)

Volume 7,482,634

Jun 19 03:18 PM ET

Premium research

Zacks Rank Short-Term: 1-3 Months

Zacks #1 Rank Strong Buys

Zacks Recommendation Long-Term: 6+ Months

All Outperform Rated Stocks

Zacks Industry Rank

Equity Research Report

Premium research: Industry Analysis

See all COMP-MICRO Peers

Earnings Growth Estimates

Detailed Earnings Estimates

Agreement - Estimate Revisions

Magnitude - Consensus Estimate Trend

Upside - Most Accurate Estimate versus Zacks Consensus

Surprise - Reported Earnings History

Quarterly Estimates by Analyst

Annual Estimates by Analyst

	AAPL	IND	S&P
Current Qtr (06/2013)	-21.37	NA	NA
Next Qtr (09/2013)	-6.12	NA	NA
Current Year (09/2012)	-10.70	-25.30	11.40
Next Year (09/2013)	11.60	11.70	6.50
Past 5 Years	57.00	31.40	5.70
Next 5 Years	15.00	8.80	NA
PE	10.90	12.00	15.30
PEG Ratio	0.73	1.36	NA

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (09/2013)	Next Year (09/2014)
Zacks Consensus Estimate	7.33	8.14	39.43	44.03
# of Estimates	30	26	33	32
Most Recent Consensus	7.35	8.85	39.74	42.35
High Estimate	8.15	11.54	42.87	50.31
Low Estimate	6.92	6.98	37.84	38.23
Year ago EPS	9.32	8.67	44.15	39.43
Year over Year Growth Est.	-21.37%	-6.12%	-10.68%	11.65%

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (09/2013)	Next Year (09/2014)
Up Last 7 Days	0	0	0	0
Up Last 30 Days	0	1	1	1
Up Last 60 Days	2	1	1	1
Down Last 7 Days	0	0	0	0
Down Last 30 Days	0	0	1	2
Down Last 60 Days	19	20	25	24

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (09/2013)	Next Year (09/2014)
Current	7.33	8.14	39.43	44.03
7 Days Ago	7.33	8.14	39.43	44.03
30 Days Ago	7.33	8.11	39.43	44.07
60 Days Ago	8.98	10.23	43.52	49.79
90 Days Ago	9.67	10.40	44.65	51.16

	Current Qtr (06/2013)	Next Qtr (09/2013)	Current Year (09/2013)	Next Year (09/2014)
Most Accurate Estimate	7.35	8.54	39.61	44.69
Zacks Consensus Estimate	7.33	8.14	39.43	44.03
Earnings ESP	0.27%	4.91%	0.46%	1.50%

	Quarter Ending (03/2013)	Quarter Ending (12/2012)	Quarter Ending (09/2012)	Quarter Ending (06/2012)	Average Surprise
Reported	10.09	13.81	8.67	9.32	NA
Estimate	10.18	13.44	8.85	10.35	NA
Difference	-0.09	0.37	-0.18	-1.03	-0.23
Surprise	-0.88%	2.75%	-2.03%	-9.95%	-2.53%