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Apple poised for a strong quarter

Apple is due to post its quarterly financial results after the markets close today, and TheStreet.com’s K.C. Swanson says that the company is “ripe” for a strong quarter. “Analysts say the company is on track to report healthy growth when it reports December-quarter results after the bell, courtesy of a refreshed computer line with faster processors from IBM and updated Mac OS X software, as well as surging sales of iPods,” notes Swanson. “Sales should total around $1.93 billion, up 12% from the prior quarter on the heels of a fat Christmas season, with earnings of 14 cents, according to consensus estimates.”

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