Gene Munster handicaps Apple

From  Philip Elmer-DeWitt’s Apple 2.0 blog:

We believe now is the time to own shares of AAPL,” he wrote in a note to clients Tuesday, “given that we expect earnings will move from being down y/y in the first three quarters of 2013 to flat in the Dec-13 quarter, up 15% in Mar-14, and up 21% in Jun-14.”