Speculated Site of Apple's (AAPL) Upcoming iPhone Event All but Confirmed

Go back to Speculated Site of Apple's (AAPL) Upcoming iPhone Event All but Confirmed

Brean Capital Reiterates Buy on Apple (AAPL) on Potential Quarter Upsides

August 31, 2015 11:26 AM EDT

Brean Capital reiterated a Buy rating and $170 price target on Apple (NASDAQ: AAPL) on potential September and December quarter EPS upsides. Analyst Ananda Baruah's current view is that AAPL could deliver Sep Q / Dec Q EPS of $2.00 & $3.29 (vs. Street of $1.87 & $3.19) on iPhone units of 47M and 72M and GM of 39.8% and 40.4% (Street at 39.3% and 39.8%).

Baruah... More