Stating checks indicate stronger iPhone 4/4S sales at lower prices, Canaccord's Mike Walkley is...


Stating checks indicate stronger iPhone 4/4S sales at lower prices, Canaccord's Mike Walkley is raising his FQ2 and FQ3 iPhone (AAPL +0.2%) sales forecasts. Walkley now respectively expects FQ2 and FQ3 iPhone sales of 37M and 27M, up from a prior 34.5M and 25M. iPhone 5 sales are seen falling in a manner "consistent with normal seasonal patterns." On March 20, Walkley lowered his FQ3 iPhone forecast by 11M, while raising his FQ4 forecast by 1.9M.

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Comments (4)
  • JUDOKA
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    How prominent is Canaccord?
    8 Apr 2013, 11:35 AM Reply Like
  • Ben Bernankes friend
    , contributor
    Comments (475) | Send Message
     
    Who?
    8 Apr 2013, 03:43 PM Reply Like
  • Ghosts of Kariela
    , contributor
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    Canacord sounds more like a stoner rope brand than a research firm lol!
    8 Apr 2013, 05:03 PM Reply Like
  • Transcend Asset
    , contributor
    Comments (1622) | Send Message
     
    Canaccord is the largest non-bank owned brokerage house in Canada. I have never seen them have much of an impact on US stocks. They do have an impact on Cdn stocks.
    9 Apr 2013, 12:50 AM Reply Like
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