Wednesday 30 March 2011

Analyst: Apple could take 'more conservative' outlook on Q3

Apple could be "more conservative than usual" when guiding investors on its fiscal third quarter, which ends in June, says Pacific Crest analyst Andy Hargreaves. "We believe supply disruptions in Japan have left the channel with as little as two months of inventory of key components for iPad and iPhone," he writes in an investment memo. "If supply is not brought back online quickly and Apple is unable to find alternatives, then iPad and iPhone production could be meaningfully impaired in the second half of fiscal Q3."...

Source: http://feeds.macnn.com/click.phdo?i=59919781a248d112e9d6c5ec5422f1bf

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