“That still puts him near the bottom among the Wall Street analysts we’ve heard from,” Philip Elmer-DeWitt reports for Fortune. “Never one of Apple’s strongest supporters, Ernst warns that rising Street estimates, particularly for the iPhone, set what he calls a high bar for the quarterly report due out Jan. 24.”
Read more in the full article here.
Needham ups Apple estimates on ‘iPhone blow out’ – January 9, 2012
Goldman Sachs hikes Apple estimates, expects monster quarter – January 9, 2012
Apple to webcast Q112 earnings release conference call on January 24 – January 4, 2012