Wedge Partners' Brian Blair tells Apple (AAPL -0.4%) investors to stay on the sidelines until the company releases its FQ2 report. Blair is worried new iPad sales will miss the Street's high expectations in spite of a strong opening week, noting Apple Stores have ample supplies. Moreover, he now thinks 2012 iPad shipments will likely be at the low end of a forecast range of 56M-60M. A Chinese site recently reported Apple has slashed production of new iPads. [View news story]
If there are excesses in some markets there sure aren't where I live: a community of about 160K. Best Buy, Office Depot, Simply Mac, Staples, etc. have only 64G 4g white iPads in stock.
All I need is a 32G WiFi (preferably black) Ipad because my Ipad 1 is too slow.
Wedge Partners' Brian Blair tells Apple (AAPL -0.4%) investors to stay on the sidelines until the company releases its FQ2 report. Blair is worried new iPad sales will miss the Street's high expectations in spite of a strong opening week, noting Apple Stores have ample supplies. Moreover, he now thinks 2012 iPad shipments will likely be at the low end of a forecast range of 56M-60M. A Chinese site recently reported Apple has slashed production of new iPads. [View news story]
All I need is a 32G WiFi (preferably black) Ipad because my Ipad 1 is too slow.