Expectations for the world’s largest public company seem to be relatively low for Apple Inc. AAPL 0.72% standards heading into the company’s Q4 earnings report.
The stock started off the year down 6.0 percent, but the company’s all-important iPhone sales numbers out this week will likely be the determining factor in how the stock finishes out the month of January.
Even Before Official Release, Sales Estimates Reduced
While most analysts and onlookers are concerned about iPhone sales in Q4 of 2015, BlueFin analysts John Donovan and Steve Mullane took a look into their crystal ball this week and reduced their sales estimates for an Apple device that has not even been released or announced yet.
According to BlueFin’s supply chain checks, Apple will not be producing…
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