Analyst: Apple Earnings to Grow 25-30 Percent Annually Through 2015
Despite Apple’s recent 6.8 percent drop in share prices, the Cupertino, Calif. iPhone and iPad maker has a bright future, one bullish analyst told investors Wednesday. “We believe a sustainable 25-30 percent growth rate in earnings could be achievable through 2015,” writes Piper Jaffray’s Gene Munster. Why? He believes the iPhone will grow at 35 [...]
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