Analyst sees Apple beating Wall Street's growth expectations for Q3
Revenue is expected to soar to $25.8 billion from last year's $15.7 billion. That surpasses Apple's prediction for sales in the current three month period, but is slightly lower than the $23.8 billion that brokerage analysts are expecting. To get there, Dediu expects shipments of 14.7 million iPhones, a 75% increase over the 2010 third quarter. He also sees a 200% increase year-over-year in the number of iPads shipped to 9.8 million units, but a 15% decline in the number of iPods delivered to 10.1 million.
The company's recently reported Q2 numbers set off a rally in the stock. If Dediu's numbers prove to be correct, will it be enough growth for investors to keep buying the stock?
source: asymco via BGR