Andy Hargreaves, an analyst at Pacific Crest, believes Apple (NASDAQ: AAPL [FREE Stock Trend Analysis]) will miss both its second- and third-quarter revenue estimates.
Specifically, he sees Q2 revs at $41.1B, versus a consensus of $42.8B and 3Q revs at $33.5B, versus a consensus of $40B.
Hargreaves thinks Apple will miss because of soft iPad and iPhone sales and he has little insight to any product refreshes, specifications, or release times.
Johnny on the spot with yesterday's report. Shorty posted a downgrade from January 28, yesterday.
That downgrade was floated on twitter. I didn't take the time to confirm the date and admitted my mistake.
this is today news ?
No yesterday wonder thogh who is the next clown to comeout with a b**s comments.This as become a a daily fools report every anal-yst out there is making is 2c ignorance go open.