Expect a strong next 12 months from Apple, says Deepwater's Gene Munster

Apple shares getting a downgrade this morning from Jeffre. Analysts there saying their supply chain check suggests the all glass iPhone has been cancelled due to low yield. Jeffre says it's views this as a major setback to efforts to bringing in higher price phones amid soaring memory costs.The firm is downgrading the stock on the uh its rating on the stock to an underperform with a $264 price target which is about 16% below where the stock is right now. Joining us now for more on Apple, Gene Monster, Deep ...