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Munster: Apple's earnings to shrink in first half but rise by year end

0. phoneArena posted on 26 Mar 2013, 09:11

Piper Jaffray analyst Gene Munster sees a mid year turnaround for Apple with earnings falling 14% in the first half of the year, but led by new products including the next-generation Apple iPhone and a low cost version of the iconic smartphone, the analyst expects the Cupertino based firm to close out its fiscal year with a 15% earnings gain...

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posted on 26 Mar 2013, 09:26 10

1. rusticguy (Posts: 2828; Member since: 11 Aug 2012)

Any surprise in that? They'll release a new version of the old version and sales pick up.

posted on 26 Mar 2013, 09:54 7

2. Teejay1100 (Posts: 115; Member since: 16 Aug 2012)

Mehhhhhhhhhh, What else is new?? Apple is so boring its ridiculous.

posted on 26 Mar 2013, 10:36 5

3. tedkord (Posts: 14242; Member since: 17 Jun 2009)

I wonder what Mr. Munster's target price for Apple was at this time last year? Why should we listen to analysts when they're right as often as a broken clock.

posted on 26 Mar 2013, 13:37 1

4. InspectorGadget80 (unregistered)

hahaha. they need first of all is too STOP WASTING MONEY IN SUING OTHER COMPANIES and giving out BONUSES too their board of directors

posted on 26 Mar 2013, 16:51 2

5. VZWuser76 (Posts: 4786; Member since: 04 Mar 2010)

News Flash! 2013 will start off cold, getting warmer and warmer until it peaks around the 8th month of the year, and them it will gradually get colder through the end of the year.

As for the expert's prediction, thank you Captain Obvious!

posted on 26 Mar 2013, 17:42

6. roscuthiii (Posts: 2249; Member since: 18 Jul 2010)

So... par for the course then?

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