In a new report, Citi Research analyst Jim Suva discusses Citi’s latest Apple Inc. AAPL 0.13% supply chain checks and explains why Citi remains bullish on the world’s largest company. Suva believes that Apple shareholders should “expect a beat” this earnings season.

The Numbers

After Citi’s most recent round of global supply checks, the feedback obtained indicates that demand for the iPhone remains robust. In fact, Citi is confident enough in the strength of the latest numbers to boost its iPhone unit estimates from 46 million to 49 million, more than 6.0 percent higher than consensus estimates of 46 million.

Share Price Driver

Citi is calling for…

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