Apple’s March-quarter iPhone guidance an overhang for stock

By | January 12, 2016

Scalper1 News

Two weeks before Apple’s (AAPL) next quarterly earnings report, Wall Street analysts are still busy lowering their estimates for iPhone sales for upcoming quarters. Piper Jaffray analyst Gene Munster on Monday lowered his estimates for iPhone sales for the March and June quarters based on negative data points from Apple’s Asian suppliers. Munster cut his iPhone sales estimates to 55 million units from 62.5 million in the March quarter and to 45 Scalper1 News

Scalper1 News