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Investors are extending last week's sell-off of Amazon stock into this week.

Investors are extending last week's sell-off of Amazon stock into this week.

Credit: Andrew O'Hara, AppleInsider In a note to investors seen by AppleInsider, lead Wedbush analyst Daniel Ives says the bank has added Apple to its "Best Ideas List." He says that, in the wake of a historic December quarter for Apple, Wall Street has been expecting modest cuts to 2021 iPhone forecasts. Despite that, the analyst says recent checks in Asia are continuing to come in bullish. He continues to predict that Apple could ship upwards of 230 million iPhone units during the year. That number is higher than the current Wall Street consensus of 220 million units. Based on the current ...

  Investment bank Wedbush says that the recent Apple stock sell-off creates a "golden buying opportunity" for investors, and predicts that Apple still has a $3 trillion valuation on the horizon. In a note to investors seen by AppleInsider, lead Wedbush analyst Daniel Ives says the bank has added Apple to its "Best Ideas List." He says that, in the wake of a historic December quarter for Apple, Wall Street has been expecting modest cuts to 2021 iPhone forecasts. Despite that, the analyst says recent checks in Asia are continuing to come in bullish. He continues to predict that Apple could sh...