Investors aren't expecting much from Apple and that's usually good for the stock

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Investors aren't expecting much from Apple and that's usually good for the stock
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Wall Street's estimates for Apple's fourth quarter earnings are in the middle of the guidance range but the lowered expectations bode well for the stock, said Citi.

Wall Street's estimates for Apple's fourth quarter earnings are in the middle of the company's guidance range but the lowered expectations bode well for the stock, said Citi.Apple said it is expecting revenue between $61 billion to $64 billion.

The firm said the Street's estimates for Apple's fourth-quarter earnings are in the middle of the guidance range but the lowered expectations bode well for the stock. Citi sees a 15% gain in the stock over the next year as its service business outperforms, surprising investors that have cooled on the shares.

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