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.
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.
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.