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Garnry: Why I think Apple is still an average company

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More good news expected in Apple's quarterly results out later this Tuesday. Thanks to iPhone 6 sales, Saxo's Peter Garnry believes revenue could be up 18% and profits up 20%. The company's share price has risen around 15% in 6 months.

Although Garnry says the secret to Apple's success is down to its eco system and brand, he thinks the company will struggle to grow profits and market value. For that reason he doesn't believe it's the stock to pick in the long-term.