Canaccord Genuity analyst: Apple Inc. (AAPL) expected to hit 175 million in iPhones this financial year

Posted Dec 13, 2013

Canaccord Genuity analyst Michael Walkley wrote a predictions note that Apple Inc. (NASDAQ:AAPL) is expected to ship up to 175 million smartphones before the end of March 2014. Apple Inc. (NASDAQ:AAPL) is also expected to sell 193 million iPhones for the 2014-2015 financial year. Canaccord Genuity has increased their price target of Apple from $580 to $600 in a  report that was released on Thursday. Canaccord has a “buy” rating on Apple’s stock.