”Assuming that Apple doesn’t exceed its own guidance for the March quarter, the company will suffer a y/y revenue decline and probably a decline in iPhone sales as well,” Mark Hibben writes for SeekingAlpha. 322 more words
Tags » Apple Stock
”After three tough months for Apple, the tech giant is finally finding a bottom, according to one trader,” Stephanie Yang reports for CNBC.
“Apple shares are down more than 20 percent since November due to concerns about slowing iPhone sales and a difficult economic environment in China,” Yang reports. 122 more words
”As of today, Apple is seen as a hardware maker and that means revenue from its products is viewed as non-recurring,” Ophir Gottlieb writes for Capital Market Laboratories. 285 more words
This idea “came from a long-term investor who bought Apple for $1 a share (split adjusted) in May 1998 and has watched it double many times over,” Philip Elmer-DeWitt reports for Fortune. 115 more words
”It couldn’t be a more fitting Groundhog Day,” Barbara Kollmeyer reports for MarketWatch. “Wall Street gave a little cheer at the close on Monday as sagging oil prices, for once, didn’t take stocks down. 175 more words