Apple may not do well at all following its Q109 financials, says Keith Bachman of BMO Capital. Though holding to an "Outperform" rating, the analyst has reduced his price target from $108 to $100, and his projected EPS for FY09 from $4.60 to $4.58. Mac shipments are predicted to be 10 million for the upcoming year, instead of 10.4 million.
