Personnaly I think the demand is still there. Look at the revenu guidance, its in line with estimates. The problem is EPS. Margins are going to decrease. If sales are still great, this would be a textbook case to buy back shares to temper the margins impacts. Good news is Apple is suppose to start buying back shares since October. On the call they said margins are going to improve in Q2, so Q1 makes if even more attractive for the shares buyback.
11/3/12 at 3:39pm