Apple (AAPL +3.4%) is rebounding with the market (and then some) on the back of bullish analyst...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL +3.4%) is rebounding with the market (and then some) on the back of bullish analyst commentary (I, II). Cowen's Matthew Hoffman is joining the fun by suggesting FQ2 iPhone sales could be 4M-6M units above his forecast of 32M, which itself is above a consensus of 30.5M, thanks to strong international demand. However, he's only forecasting 28M FQ3 iPhone shipments, as demand slows ahead of a new launch.