ACI Research's Edward Zabitsky, who has a Sell and $270 PT on Apple (AAPL), says he believes...

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

ACI Research's Edward Zabitsky, who has a Sell and $270 PT on Apple (AAPL), says he believes Samsung (SSNLF.PK), which reports in a week, sold over 40M smartphones in Q1, well above the 30M-33M iPhone shipments many expect. He also thinks Samsung's massive internal sourcing of components makes it the smartphone market's cost leader. But given the iPhone's huge margins, Android vendors have more to worry about this than Apple. (also)