With smartphone growth forecasts falling left and right, one more Apple (AAPL) bull is concerned...

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

With smartphone growth forecasts falling left and right, one more Apple (AAPL) bull is concerned about near-term iPhone sales. Wedge Partners' Brian Blair thinks only 28M-30M iPhones were sold in the June quarter, down from 35.1M in the March quarter. He suggests a cautious approach to Apple near-term if consensus forecasts top 31M, though (like others) he expects the next iPhone to produce a giant December quarter. (previous)