Jul 08
With earnings less than two weeks away, what growth rate should we expect? Apple is now larger than Microsoft and still accelerating. For FY 2009 Apple reported EPS of $9.08 from revenue of $43B. If the Wall St guys are correct with their expectations of $15.51 EPS from $63.4B then that is a whopping 70% growth rate. This sort of rate is a start-up goal not a multi Billion $ Blue Chip.
See the article at Bullish Cross for more insight.
