Apple Stock Sours for Wall Street. It Isn't Just a China iPhone Problem.
"Apple is likely to be range-bound and perform in line with the Nasdaq at best," say KeyBanc analysts.
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"Apple is likely to be range-bound and perform in line with the Nasdaq at best," say KeyBanc analysts.
A management forecast implied March quarter revenue will fall 5% from a year earlier, with a drop of nearly 10% in iPhone sales.
ST’s re-organisation into two product groups takes effect next week (Feb 5). The groups are: APMS (Analog, Power & Discrete, MEMS and Sensors) led by
For all the attention on Apple’s iPhone sales, a less glamorous item could be the big driver of the stock after earnings.
The company missed the mark with its guidance — and its latest numbers signaled China pressures.