Apple (AAPL) Sets Q113 EPS Date on Jan. 23

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Analyst Boosts Apple (AAPL) iPhone Sales Outlook Into FQ1 Report; Cuts PT to $750

January 3, 2013 11:25 AM EST

Apple (Nasdaq: AAPL) saw big demand for its iPhone 5 in the quarter, though ability to meet supply early into its release was hampered slightly due to issues with panel production.

Rob Cihra from Evercore Partners is largely bullish on sales numbers for Apple's fiscal first-quarter 2013, which ended in December. Cihra raised his iPhone sales estimate (inclusive of all models) from 49 million up to 50 million, amounting... More