iPhone 5 Orders: Shaw Wu has No Concern Over Apple iPhone 5 Order Cuts

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“With so much attention on Apple’s future, Wu believes Apple’s guidance for its March quarter will be the “trickiest” that he can remember.”

“He expects Apple will give “vintage conservative” guidance, as it has traditionally done. But while in the past investors would brush aside Apple’s soft guidance, this time some may view the guidance as a sign of weak demand.”

“As for Apple’s recently concluded December quarter, Wu expects iPhone sales and gross margins will likely surprise investors to the upside. His forecast calls for sales of 47.5 million iPhones, above market consensus of 46 million to 47 million, with gross margin of 38.7 percent, versus expectations of 38.3 percent.”

Do you agree with Wu that that all is well in the world of the iPhone 5? Or are you still leaning towards an issue with demand?

Check back here for more updates on iPhone 5 Orders.

DISCLOSURE: I have no positions in any stock mentioned.

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