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12-23-2013, 07:37 PM
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Wall Street Has Apple's Revenue Estimates Way Too Low, Says Gene Munster (AAPL)
 Apple is up 3.3% in pre-market trading to $566.70. The stock is moving after Apple confirmed that it has a deal with China Mobile, the world's biggest wireless carrier. Apple will start selling iPhones on China Mobile on January 17, which Piper Jaffray analyst Gene Munster Says "de-risks" the March quarter. In other words, there was concern of a weak March quarter, but with a fat new customer, Apple should sell a lot of iPhones. Munster is calling for 17 million iPhones to China Mobile next year, and Says the deal will add 5% to analyst Estimates for Revenue in fiscal 2014. (So, expect analysts to start upping their estimates.) What a difference a year makes for Apple. At this time last year, the stock was in free fall as everyone believed the company's iPhone sales had hit a wall. Today, it has a new distribution partner, and it's geared up for a big 2014 with new iPhones, and perhaps entirely new product categories. SEE ALSO: The 10 Mega Trends To Watch In Tech For 2014 Join the conversation about this story »       أكثر... ??????? ??????: Wall Street Has Apple's Revenue Estimates Way Too Low, Says Gene Munster (AAPL) || ??????: rss || ??????: اسم منتداك
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