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Apple Shares Notch Best Day Of 2013

Apple Shares Notch Best Day Of 2013

Submitted by • July 25, 2013 www.kcci.com

The company expects to deliver sales of between $34 billion and $37 billion this quarter, below analysts' median forecast of just over $37 billion. However, there is a silver lining in Apple's sales outlook, according to Walter Piecyk, an analyst at BTIG. He thinks the forecast would be much lower if Apple did not have a new product in the pipeline.

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