Goldman Sach analyst David Bailey has released a research note to clients over the last few days, in the note he forecasts Apple for better-than-expected profit. The analyst expects earnings of $.79 per share on sales of $6.38 billion compared to estimates on the Street of $.78 on $6.38 billion.
The Goldman analyst estimates that Apple is likely to announce sales of 1.8 million Macs during the first quarter of fiscal 2007. Of that figure, 1.1 million is expected to be notebooks.
Bailey made some retail checks over the Thanksgiving weekend saying that Apple had an "exceptional Thanksgiving weekend."
"Based on strong demand, at least one key supplier is allocating even more capacity to Apple and taking it away from other areas," wrote the analyst. "Despite what has been described as a very 'healthy' video iPod forecast entering 4Q, video iPod shipments seem very much on track, and should be up more than 40 percent sequentially."