If Horace Deidu is right, street estimates for Apple (AAPL) Q4 earnings ($9.75/share on revenue...

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

If Horace Deidu is right, street estimates for Apple (AAPL) Q4 earnings ($9.75/share on revenue of $38B) are going to look woefully short. He's pegging iPhone sales growing 120% Y/Y - thanks to pent-up demand for the iPhone 4S - leading to earnings of $12.30 on $44.6B of sales.