Hedge Fund News From HedgeCo.Net

Apple Has a Tough Year Ahead

September 2, 2015 : Permanent Link

(CNBC) The prospect of slowing iPhone sales later this year limits the upside for Apple’s stock, one tech analyst said Tuesday. In the final quarter of last year, the tech giant sold a record 74.5 million iPhones. With a “really tough” comparison for the device, Apple faces a “very real possibility” of negative year-over-year sales, said Abhey Lamba, senior technology analyst at Mizuho Securities.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Recent Posts

  1. S&P 500 futures rise after earnings lift the index to a second winning day: Live updates
  2. Tesla cutting around 2,700 jobs in Austin and more than 3,300 in California as part of broad restructuring
  3. FTC votes to ban noncompete clauses that bar employees from working for competitors
  4. Jack Dorsey’s payments company, Block, is building its own bitcoin mining system
  5. Hedge funds ramp up borrowing to five-year high

Search


Categories