Apple on Tap

Moresco, Justin
January 2008
Red Herring;1/22/2008, p8
Trade Publication
The article focuses on the expectation of Wall Street analysts on the sales of Apple in the first-quarter of 2008. Analysts expect Apple to report strong sales for the quarter despite the global economy uncertainties. According to a Bernstein Research note, the growth is expected to come from strong Mac and iPhone sales. The company's back-to-school promotion, higher software sales by Leopard, and a significant decline in DRAM costs are also seen as contributors to Apple's gross margins.


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