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  • bbandassoc bbandassoc Dec 22, 2012 2:50 PM Flag

    Not sayin we...

    Unless the fiscal cliff causes a major across the board sell-off for stocks (quite possible), I don't see AAPL retreating to sub-$500 now that the U.S. iPhone market share data is out. This data would seem to eliminate any concern about q1 not meeting expectations. In fact, it suggests q1 will be a blowout. Still, they must address future expectations for margin and EPS growth past the next couple of quarters, but the doomsday scenario for q1 would seem disproved.

    Sentiment: Strong Buy

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