Thomson Reuters has estimates of $5.36 EPS and $23.34 billion in revenues. The big concern is what Apple is willing to offer for guidance. Thomson Reuters has current expectations at $5.25 EPS and $23.82 billion in revenues. For its September-end 2011 fiscal targets, Thomson Reuters has estimates of $23.03 EPS and $100.75 billion in revenues.
Analysts still have a price target north of $425.00 on the stock. The weakness has been present ever since JMP Securities issued the only true analyst downgrade in longer than memory serves.
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