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iPhone 5 has helped Apple beat Q2 estimates

Apple are beating Q2 estimates, iPhone 5 nods and rides into the sunset
| Business, Financial & Legal News | Posted: Apr 10, 2013 3:41 am

Apple may be lying on the street, bleeding from their various wounds to their stock prices, but this hasn't stopped iPhone's from selling like iHotcakes. According to Canaccord Genuity analyst, Mike Walkley, Apple have sold more iPhone's than expected during the March quarter.

 

iphone_5_has_helped_apple_beat_q2_estimates_02

 

Walkley has now adjusted his full-year EPS estimates to $43.86 from $43.59, and sees Apple selling 37 million iPhone's in the March quarter, up from his previous estimate of 34.5 million.ii

NEWS SOURCES:Bgr.com

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