Apple 3.0: JP Morgan expects that Apple will beat its own guidance next week

EPS: To $2.05 from $1.96

“Our expectations for March-Q (F2Q) earnings include beats on revenue relative to the telegraphed outlook, helped by both better demand for iPhones… as well as better demand for Macs.” — Analyst Samik Chatterjee

Chatterjee has raised his top and bottom line estimates significantly in the last 3 months. Revenue: To $112.7 billion from $109.6 billion (up 2.8%) .

Source: J.P. Morgan via Apple 3.0

NB: Read the original for a more detailed commentary from Chatterjee. He implies Apple will grow EPS 24%…

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