AAPL: FYQ3 Estimates Too High, Say Bernstein, Baird
Some on the Street today were pondering whether estimates for Apple (AAPL) for the June-ending fiscal Q3 are too high following the company’s Q1 report last Wednesday, at which time it introduced a new style of quarterly forecasting. Consensus for that June quarter stands at $41.05 billion in revenue and $9.81 per share in profit. [...]
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