Now, Iamexpecting my first child with my beautiful wife, Lynsey, and look forward to continuing to connect fathers and father-figures with their schools through Watch DOGS as well as becoming a father myself.
Given the 21% decline in sequential revenue guidance the company provided for the June quarter I believe the Street is expecting about 26 million iPhones to be sold and Iam at 27 million.
Although Iam still intermediate-term bearish on the market, not expecting the low for this second year of the Four-Year Presidential Cycle until October or November, this short-term rally might have longer legs than the last three oversold rally attempts that have taken place since the market topped out in April.
As long as December quarters gross margin comes in at 38.5% or higher (2.5% above guidance of 36% and Iam forecasting 38.8%) and March quarter guidance for revenue and margins are within what the Street is expecting EPS estimates could start to move higher.