Gene Munster Says Apple (AAPL) Has Rebounded Fast
Tweet
Share
E-mailGet Alerts AAPL Hot Sheet
Price: $257.46 -1.09%
Rating Summary:
45 Buy, 28 Hold, 7 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Rating Summary:
45 Buy, 28 Hold, 7 Sell
Rating Trend:
Up
Today's Overall Ratings:
Up: 0 | Down: 0 | New: 0
Join SI Premium – FREE
Piper Jaffray's Gene Munster says Apple (Nasdaq: AAPL) has rebounded and rebounded fast. Munster is mystified as to how Apple has been able to maintain its margins of 36.3% up from 34.3% in the year-ago quarter. Munster was also impressed with Apple selling 2.6 million Macs, which is up from his previous estimate.
Munster said he would continue to be a buyer of Apple stock in $150+ range. Oh, on one final note, Apple's quarterly iPhones sold were 5.2 million, representing 626% unit growth over the year-ago quarter.
Subscribe to EasyStockAlerts.com Now & Get The News Before Everyone Else!
Munster said he would continue to be a buyer of Apple stock in $150+ range. Oh, on one final note, Apple's quarterly iPhones sold were 5.2 million, representing 626% unit growth over the year-ago quarter.
Subscribe to EasyStockAlerts.com Now & Get The News Before Everyone Else!
You May Also Be Interested In
Create E-mail Alert Related Categories
Analyst Comments, Insiders' BlogRelated Entities
Piper Jaffray, UBS, Gene MunsterSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
