Apple Blossoms In The Spring
by Christopher Barnes
We're probably all a little exhausted with blog posts regarding Apple (AAPL). We have been beaten to a pulp with figures and conjecture that provide little in the way of objective data to support the claims. Well, here's another one, except I will show the data, method and calculations. First, let's start with the synopsis so that if you don't feel like digging through this, you can bail soon. Apple will probably report for 1Q 2013 around 69.1M iPhones/iPads sold with revenue of $58B and profit of $14B. The upside surprise could reach 83M iPhones/iPads, with revenue of $70B and profit of $17B. Looking toward March, the share price should reach and average a closing price of at least $650. These figures should sound all too familiar by now. What follows is the method to the madness: read more »
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