“Piper Jaffray’s Gene Munster this afternoon writes that Apple’s fiscal Q2 ended last month, which the company will report on Wednesday, may beat analysts’ estimates for $23.3 billion in revenue, given that Apple’s Mac sales are, ‘tracking at the high end of our expected range of 3.6 million to 3.7 million units,’ for the March quarter, citing data from research firm NPD,” Tiernan Ray reports for Barron’s.
Ray reports, “Munster reiterates an Overweight rating on Apple shares and a $483 price target.”
Full article here.
[Thanks to MacDailyNews Reader “Brawndo Drinker” for the heads up.]
Fasten your seat belts
Look north of $6.40 this quarter and the stock to rocket up north of $365 …..
I know I’m waiting for the new iMac to hit to buy my new 27″.
So count me in that revenue 😉
He was on the low range for revenue and EPS estimates. He’s doing his best to miss the numbers.