New Rumors Point to July Apple (AAPL) iPhone 5S Launch
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Could Apple (AAPL) EPS Fall 50%? Jefferies' Misek Answers This Question and More...
April 29, 2013 10:26 AM EDTApple (NASDAQ: AAPL) shareholders have loads of questions after the company's second quarter results last week and Jefferies analyst Peter Misek has answers.
Today, the analyst gave his answers to the top questions he has received from investors. Some of Misek's answers have sobering implications, including a possible case for EPS of $20, which would be down 50% from this year's expected EPS of $40.
1) When and at what level will GM bottom?
"We currently model GM bottoming in CQ3:13 at 35.0% (St 37.2%), but the iPhone 6 could create another GM... More
Next Apple (AAPL) iPad May See Delay; Lower-Priced Offering Expected
April 29, 2013 7:49 AM EDTApple, Inc. (Nasdaq: AAPL) is indicated for a higher open amid some speculation that its next iPad mini might not debut on schedule.
According to KGI Securities' Ming-Chi Kuo, trouble packing enough pixels into the 7.9-inch display to qualify it as... More
