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Soft iPhone Volume Already Baked Into Apple's (AAPL) Stock - RBC

April 19, 2018 12:42 PM EDT

RBC Capital analyst Amit Daryanani weighed in on Apple (NASDAQ: AAPL) amid weakness following a guidance cut from supplier TSMC.

"We think soft iPhone volume expectations are now largely baked in AAPL stock price," the analyst said.

He added, The focus on... More