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Bernstein Analyzes Search Data, Discovers Internet 'buzz" Data Implies Apple iWatch Sales To Reach 1/3 That Of iPhone & 1/4 Of iPad Sales

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Bernstein says numbers are not a forecast but are points of near-term downside to consensus estimates. Bernstein remains cautious on iWatch demand. The firm maintains an Outperform rating and a PT of $142

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Apr 2018Morgan StanleyMaintainsOverweightOverweight
Apr 2018Monness Crespi HardtInitiates Coverage OnBuy
Mar 2018BarclaysMaintainsEqual-WeightEqual-Weight

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