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"The Ax" Defends Apple (AAPL)

September 26, 2011 11:23 AM EDT
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Price: $396.45 +0.13%

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We are hearing Gene Munster, the "Ax" in Apple (Nasdaq: AAPL), is out defending the stock saying he is confident in his iPad estimates.

Earlier, analysts at JPMorgan noted big cuts in the iPad supply chain.


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JPMorgan, Gene Munster