“In a note to investors on Thursday, Ticonderoga Securities analyst Brian White raised his earlier projection for iPhone shipments in the June quarter,” Zach Epstein reports for BGR.
“Following discussions with contacts in Taipei, White believes stable demand bolstered by the launch of the white iPhone 4 will now drive flat quarter-over-quarter iPhone shipments,” Epstein reports. “With the launch of Apple’s next-generation iPhone seemingly pushed back from June/July time frame, White says he is not seeing the typical pause in demand that has historically occurred in the June quarter.”
Read more in the full article here.
That’s great news for Apple. That will only mean about a $10 drop in Apple’s already tepid share price. Level sales means a slightly down share price for Apple so investors should rejoice at the opportunity to buy more shares. Excellent.