AAPL .....SMASH !! : LONG

Apple will report quarterly earning on Jan 27th and I expect them to smash expectations. Wall Street expect 66 million iPhone sold over the last quarter with revenue of 67....BILLIONS.

Ming Chi Kuo from KGI Securities, one of the most accurate AAPL analyst, forecasts Apple sold 73 MILLION iPhones. Of those ,42 millions iPhone 6 , and 16 million iPhone 6 + ( please see complete breakdown on chart).

looking at these numbers, this mean iPhone Sales would be up between 30 % and 43 % on a year -over year basis, or a bout $40 BILLION worth of iPhones, biggest growth rate since holiday 2012. Insane!!

I'm still long

Cheers

Algo