Sterne Agee ups its outlook for Apple's (AAPL) Q4 results to $10/share on revs of $37.7B vs....

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

Sterne Agee ups its outlook for Apple's (AAPL) Q4 results to $10/share on revs of $37.7B vs. guidance of $9.30/share on revs of $37B. Sterne cites Apple's supply chain, which indicates strength for iPhones and Macs but some weakness for iPads. Sterne's price target is $500. Share -0.5% at $390.95 premarket.