Apple later this month is expected to announce fiscal first quarter revenues of nearly $10 billion for the three-month period ending December, fueled largely by the ongoing resurgence of the company's personal computer business, according one Wall Street analyst.

In a research note issued to clients Monday, Piper Jaffray analyst Gene Munster downplayed concerns surrounding Apple's retail channels, saying he expects the company to announce record first quarter sales of approximately 2.3 million Macs.


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