Apple could well miss its goal of a "slight profit" for its third financial quarter, reports claim.
The company is due to announce its third-quarter results on April 19.
"I foresee continued weakness in consumer demand for PCs during March and this is why I'm concerned for Apple's results," Wit SoundView analyst Mark Specker told AFX Newswire.
Specker slashed his estimates for Apple's next two quarters, predicting that the company will post a full-year loss of 41 cents.
"Despite the weakness in consumer PC demand and the recent out-performance of Apple's shares, we still believe the company's valuation is compelling and that it is well positioned to benefit when consumer demand improves."
Apple closed at $21.8 on Nasdaq yesterday - down 1.09 per cent, or $0.24 per share against its previous closing price.