Image source: The Motley Fool.
There’s another Wall Street pro starting to wax pessimistic on the prospects for the next iPhone. Raymond James analyst Tavis McCourt is revising his top- and bottom-line forecasts for the new Apple (NASDAQ: AAPL) quarter to the downside. He sees revenue of $45.04 billion for what will be Apple’s fiscal fourth quarter, below the market consensus of $46.14 billion. He also lowered his earnings projection from $1.56 a share to $1.41 a share.