Apple IPhone Profitability Is `Excellent': Munster

Apple IPhone Profitability Is `Excellent': Munster Play

July 22 (Bloomberg) -- Gene Munster, an analyst at Piper Jaffray Cos., and Alex Gauna, an analyst at JMP Securities, talk about Apple Inc.'s third-quarter earnings and outlook. Apple said quarterly profit rose 12 percent to $7.75 billion, with a jump in iPhone and Mac sales helping to make up a drop in iPad demand. Munster and Gauna speak with Cory Johnson on Bloomberg Television's "Bloomberg West." (Source: Bloomberg)

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