AAPL: Conservative Guidance?

January 11, 2013   |   January 2013 Bond Updates
?Given our estimative for a 79% sequential unit increase in iPhone sales that represent Apple?s highest-margin hardware product line, we believe Apple?s December quarter gross margin guidance of 36% could prove conservative, and we are modeling 39.1%,? said Michael Walkley, tech analyst at Canaccord Genuity.

View more at: http://www.forbes.com/sites/canaccordgenuity/2013/01/11/aapl-conservative-guidance/
 
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