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Apple Pre-Game Roundup: Gabelli Downgrades, RBC Ups Target; Kaufman Raises Ests; Citi Sees Huge Margin Beat

in News on April 20, 2009 at 9:35 am PT

With Apple due to report earnings after the close Wednesday for its fiscal second quarter ended March 30, the Street is in full-scale jockeying-for-position mode. The general sense is that the company will beat its guidance easily, while likely issuing a conservative forecast for the June quarter.