RealTime IT News

Apple's Q2 Seen Strong, Product Availability Growing

With Apple poised to release its second-quarter results later this months, several industry observers are making predictions on how it will fare -- and they've got good news.

Not only is Apple expected to post strong numbers, but the company is also expected to be able to avoid several issues that threatened to cut into its performance. For one thing, it doesn't look like the iPad's runaway success is cannibalizing Mac sales. Additionally, there are signs that the product shortages that have made it tough for some customers to buy the iPad and the new iPhone 4 could be on the wane. Datamation takes a look.

Several financial analysts have issued earnings previews for Apple, which reports its June quarter figures on July 20, and all expect the firm to beat its own projections as well as the Wall Street consensus. Among the findings, they note that the iPad's success is not coming at the expense of Mac sales.

As good as Q2 is shaping up to be, the third quarter could be a real tipping point because the analysts expect iPad and iPhone 4 shortages to clear up by then. The impressive iPad and iPhone 4 sales have actually been hamstrung by pronounced parts shortages limiting product availability and even bigger sales.

Read the full story at Datamation:
Apple Set to Beat Q2 Projections, Product Shortages Ending