Andy Hargreaves, Senior Research Analyst, Pacific Crest Securities
There is pent up demand for Apple to release new products. Something most analysts fail to recognize is that Apple is not your average multi-billion dollar electronics company…no, it is the mecca, the pinnacle of a cult following. And it’s good to know that at least one analysts recognizes that fact. You’re Ok Andy!
Furthermore, not only will Apple blow away revenue and earnings projections in the coming fiscal quarters, it will start to steam roll Samsung with new products and new product lines. Apple will take back the crown and set the standard for all other phone makers, and Samsung will be recognized for what it is…a copy cat, run by a thug.
Pacific Crest analyst Andy Hargreaves begs to disagree. In a note to investors obtained by AllThingsD’s John Paczkowski, Hargreaves wrote that he believes Apple could sell 10 million new iPhones before the end of the current quarter on September 29.
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