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MWM

04/01/13 3:54 PM

#163743 RE: dotnet #163742

AAPL From Citi, it's making the rounds...

Recall that a similar campaign hit HP in 2010, leading to a ~50% reduction in their PC share in China. Apple derives ~16% of its sales in China (CY12) and China accounted for ~24% of Apple's revenue growth in the past 2 years (2010-2012). If Apple were to lose as much as 50% of their China market share, this would equate to ~$13.1B/$3.62 in revenues/EPS. We add this to our list of concerns about Apple's market share dominance and still do not recommend the shares at this time.





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bruderphillip

04/01/13 4:49 PM

#163745 RE: dotnet #163742

If $AAPL drop $100 I'm moving to the Keys