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Technology Stocks : Apple Inc.

AAPL 268.22

-0.5%

1:13 PM EST

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To: Keith Feral who wrote (132786)	5/2/2012 11:25:13 AM
From: slacker711	2 Recommendations Read Replies (1) of 213172

If last year was any guide, sales began to slow down for Apple in the quarter before the new iPhone 4S launch. That will definitely happen again, though the staggered launches mean that the impact of people holding off on the purchase of an iPhone will also be staggered. The Chinese iPhone 5 launch is unlikely to be in October. I would also note that in the disappointing October quarter that Apple beat guidance by 28%. That would put us at $10.88 for the June quarter. The problem that happened in that quarter was simply that analysts and the Street had become too bullish. It doesnt seem like that is happening now. Slacker

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