Barclays' Ben Reitzes expects Apple (AAPL) to post FQ3 revenue of $36B and EPS of $9.62, below a...

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

Barclays' Ben Reitzes expects Apple (AAPL) to post FQ3 revenue of $36B and EPS of $9.62, below a consensus of $37.6B and $10.37. But the fervent Apple bull doesn't think it's a big deal: with negative smartphone and supply chain data piling up, Reitzes thinks investors are already counting on FQ3 iPhone sales to fall to ~27M. BMO's Keith Bachman, meanwhile, thinks Apple (typically conservative with guidance) could guide for FQ4 sales of $33B, well below a $38.5B consensus.