Analysts are again bullish on Apple stock after the company reported a record third quarter in Tuesday's earnings report, and provided higher-than-expected guidance in some aspects of its fourth quarter.
Though Apple is well known for giving investors conservative guidance for the coming quarter, many analysts were surprised by Apple's third-quarter guidance of 34 percent gross margin and $1.18 to $1.23 in earnings per share. Those totals were better than market expectations prior to Tuesday's earnings announcement.
Analyst Gene Munster, with Piper Jaffray, said the fact that Apple can't make enough iPhones to meet demand is a good sign of things to come. He expects the accelerated sales of iPhones and Macs that began in the
