Competition takes a bite out of Apple

Apple Earnings Preview Q2 2013
Apple (AAPL) is set to post its results for the second fiscal quarter on April 23rd and a new report suggests increased competition may have hurt Apple more than usual. Credit Suisse analyst Kulbinder Garcha said in a recent note to clients that competition is hurting Apple more than it has in the past, and he sees iPhone sales in the March quarter falling to 38 million units — though that figure is still up from 35.1 million iPhones in the same quarter last year

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