Analyst projects higher iPhone sales, cannibalized iPad purchases
As we enter the last weeks of December, Wall Street analysts are adjusting their forecasts for Apple and its keystone products, the iPhone and iPad. Sterne Agee’s Shaw Wu Wednesday told investors increased supplies of the iPhone 5 likely means more sales, while tablet buyers are shifting toward the iPad mini, resulting in slightly fewer sales overall. After talks with supply chain sources, Wu expects Apple to sell this quarter 47....