Results 1 to 2 of 2

Your favorite Apple, iPhone, iPad, iOS, Jailbreak, and Cydia site.


Thread: Munster Expects Apple's Margins to Be Temporarily Hampered by iPhone 6 Launch

  1. #1
    What's Jailbreak? Michael Essany's Avatar
    Join Date
    Aug 2009
    Location
    Valparaiso, Indiana
    Posts
    4,376
    Thanks
    17
    Thanked 1,491 Times in 577 Posts

    Default Munster Expects Apple's Margins to Be Temporarily Hampered by iPhone 6 Launch


    Piper Jaffray analyst and resident Apple watcher Gene Munster looked into his crystal ball this week with regard to Apple and how the rest of 2014 looks for the iDevice maker.

    On Tuesday, Munster shared his thoughts with investors in a new research note obtained by Barron's. In the correspondence, Munster reiterated an Overweight rating on AAPL and spoke to a $105 price target. Although Munster expects declining margins in the coming months due to the launch of Apple's iPhone 6, Munster is telling investors not to sweat it.

    "Looking beyond December margins," he writes, "we believe it is important to note that margins should rebound in the Mar-15 quarter. We note that in Mar-13, post the iPhone 5 launch, margins declined again q/q by 110 bps. However, we believe the majority of this decline was a result of iPad Mini reaching full availability after supply issues in the Dec-12 quarter."

    Apple's iPhone 6 is expected to be unveiled September 9th, with product launch to follow within 2 to 4 weeks.

    Source: Barron's

  2. #2
    He's never right anyways.

Posting Permissions
  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •