Apple May Give WEAK Guidance and 1 Stock Analysis Making the Rounds
McDonald’s Corp. (NYSE:MCD) shares have risen due to speculation that same-store-sales for June have accelerated into the mid to single digits, according to Susquehanna. The firm states that if trends have not accelerated, or if Europe is lower than expected, then shares could lose recent gains.
Apple Inc. (NASDAQ:AAPL) is expected by Pacific Crest to report weaker than expected results for the June quarter and give weaker than expected guidance for its September quarter. However, due to the anticipated launch of the iPhone 5, the iPad mini, and a refreshed iPad, the firm predicts that Apple will report record results for December.
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