As noted in our highlights of Apple’s Q1 financial results conference call, Apple CFO Fred Anderson said he expects second quarter earnings of 8 to 10 cents per share on revenue of $1.8 billion. Analysts previously estimated Apple would earn 7 cents a share on sales of $1.71 billion. According to Reuters, profit forecasts ranged from 5 cents to 12 cents. “The outlook is positive for the March quarter,” Anderson said.