Tuesday, March 26, 2013

AAPL: Apple (AAPL -0.2%) roundup: 1) Oppenheimer is...

9:45 AM Apple (AAPL -0.2%) roundup: 1) Oppenheimer is cutting FY13 and FY14 estimates. "Much of the revision appears built into investor expectations ... However, we also don't see much of a [near-term] positive catalyst until we get closer to the product cycle or get more clarity on Apple's cash intentions." 2) Apple reportedly plans to triple the number of Apple Premium Reseller stores in India to ~200 by 2015. The report comes as Apple's Indian sales start to accelerate. 3) The Next Web takes a look at the complex technologies used by acquisition target WiFiSLAM to master indoor mapping/positioning. (Gene Munster) Read comments

AAPL price at time of publication: $462.66. Check AAPL price now »

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