Barclays' Ben Reitzes expects Apple (AAPL) to post FQ3 revenue of $36B and EPS of $9.62, below a...
Tuesday, July 10, 2012, 5:12 PM ETBarclays' Ben Reitzes expects Apple (AAPL) to post FQ3 revenue of $36B and EPS of $9.62, below a consensus of $37.6B and $10.37. But the fervent Apple bull doesn't think it's a big deal: with negative smartphone and supply chain data piling up, Reitzes thinks investors are already counting on FQ3 iPhone sales to fall to ~27M. BMO's Keith Bachman, meanwhile, thinks Apple (typically conservative with guidance) could guide for FQ4 sales of $33B, well below a $38.5B consensus.
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