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Last updated: Monday, July 20, 2009

Apple is expected to report record earnings for its fiscal third quarter next week following an NPD report that Mac sales jumped 16 percent after more affordable MacBook Pros were introduced. Piper Jaffray analyst Gene Munster estimated Mac sales for the quarter could reach 2.6 million. Other market analysts have been expecting a sales number of 2.45 million. In the year-ago period, Apple sold 2.496 million Macs. Its all-time record quarter ended in September 2008 with 2.611 million sold. iPhone Sales Strong The company’s stock has been a top performer in the technology sector this year. Sales of Apple’s iPhone 3GS have been strong since its introduction last month. At the same time, Apple and carrier AT&T slashed the price for the iPhone 3G to $99. Reuters Estimates projects Apple earnings of $1.16 a share on revenue of $8.2 billion, a earnings dip of about two percent and a revenue increase of 10 percent from a year ago. However, Apple has a long history of beating analysts’ expectations. Meanwhile, Apple removed another app from its App Store for the iPhone and iPod touch that it had initially approved. On Monday, Zombie School, which involved shooting students turned into zombies on a school campus, disappeared from the App Store. The game was developed by Retarded Arts, which describes the game on its Web site this way: “Your local campus has been infected by the Zombie Virus!!! Every one is infected!!! Will you run or will you fight to eliminate all the Zombies? We figured, you would like to fight? You have the control over the Zombie shooting tower that your supporters have made you. Starting with a single bow and arrow, start eliminating the Zombies. As you progress, you can buy Grenades, Gun or even upgrade your bow to shoot double or triple arrow at…

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Record Apple Earnings Expected as Another App Booted

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