Tuesday, July 10, 2012

BMO: Apple may post huge Q4 miss

BMO: Apple may post huge Q4 miss

. Apple crushed Wall Street's estimates this past April when it reported that its fiscal second-quarter profit had ballooned 94% over the same quarter a year prior to $11.6 billion on $39.2 billion in sales. Apple's third-quarter earnings are on tap later this month and while analysts wonder how well iPhone sales held up during the June quarter, one analyst is already looking to the September quarter and seeing trouble on the horizon.
BMO Capital analyst Keith Bachman wrote in a research note on Tuesday that Apple's second and third fiscal quarters could be “challenging,” Barron's reports.

Boy Genius Report , BMO: Apple may post huge Q4 miss, BMO: Apple may post huge Q4 miss

No comments:

Post a Comment