Apple's Guidance 'Comically Conservative'

Apple’s (AAPL) June quarter guidance is “comically conservative,” Piper Jaffray analyst (and Apple permabull) Gene Munster said on CNBC this morning.

Good assessment. If the PC market — and Mac sales — perk up this spring, and the iPhone keeps kicking butt, Apple will easily crush its guidance (again). That’s why the stock is up 3% today.

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