Much like UBS and Raymond James, Evercore's Rob Chira is offering a mixed outlook for iPhone...
Much like UBS and Raymond James, Evercore's Rob Chira is offering a mixed outlook for iPhone sales. He sees FQ1 (Dec. quarter) sales coming in at a strong 50M, but expects volumes to drop to 39M in FQ2. Estimating 49% of iPhone sales now involving existing customers (up from 32% a year ago), Chira is cutting his FY13 revenue forecast for Apple (AAPL -0.3%) to $182B (consensus is at $191.5B). He still sees 24M iPads being sold in FQ1, but now expects 10M of them to involve the Mini (up from a prior 8M).
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