Shaw Wu of Kaufman Bros. holds a buy rating on Apple’s stock. However, on Tuesday, he trimmed his second-quarter revenue estimate on Apple to $7.7 billion from $7.8 billion, and left his $1.06 a share earnings target unchanged. Wu said Apple’s Mac business looks weak in the current quarter, and he isn’t expecting the line of iMacs to be refreshed until June, at the earliest.
I say March. Let’s see who’s closer.