Apple Predicts Record iPhone, iPad Sales and Hints at a $40 Billion Quarter

MG Siegler:

Apple is so confident that next quarter is going to be a blow-out quarter that twice on their earnings call today, Apple CEO Tim Cook and CFO Peter Oppenheimer went out of their way to predict that Apple would see record iPhone and iPad sales next quarter. That’s something Apple never does. Their guidance is always very general (and again, low) and they stick to talking about things at a high level. Not today. This is two Apple executives going out on a limb to predict records for their two key products next quarter.

★ Tuesday, 18 October 2011