Today
will be known as APPLE day, with the tech company releasing its
quarterly data. Analysts agree on one thing: The latest iPhone
iteration will not deliver the mega sales enjoyed by the iPhone 6 line
around its launch."The evidence thus far suggesting that demand for
iPhone 6s is not as frothy as last year is tough to ignore," Susquehanna
Financial Group analyst Chris Caso wrote in a note on Thursday.
Investors need to take a deep look at the company's fundamentals from a long-term point of view as opposed to putting too much attention on Wall Street estimates and market reactions. However, it's worth noting that Wall Street analysts are on average calculating that Apple will make $51.07 billion in revenue, so expectations are moderately above the high end of the company's guidance.





