Apple (AAPL) Hits Fresh 52-Week Lows
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UPDATE: Barclays Lowers Apple (AAPL) Price Target to $465, Bear Case $340
April 19, 2013 8:02 AM EDT(Updated - April 19, 2013 9:05 AM EDT)
Barclays maintained an Overweight rating on Apple (NASDAQ: AAPL) but lowered its price target to $465 (from $530). Analyst Ben Reitzes said he expects gross margin and EPS estimates to decline due to slowing iPhone sales, issues in China, and production... More
Apple (AAPL) on Way to $320, Says Creative Global
April 17, 2013 3:46 PM EDTApple (Nasdaq: AAPL) could be on its way to $320, according analyst Carlo Besenius of Creative Global Investments. With shares under pressure after tapping 52-week lows this morning, the call throws salt into the wound for Apple investors.
Technically, Besenius says $380 is the... More
Apple (AAPL) Falls Below $400/Share
April 17, 2013 12:52 PM EDTApple, Inc. (NASDAQ: AAPL) sell-off continues, falls below $400 per share. Last down 6.26% to $399.55... More
Hot-Selling Apple (AAPL) iPad Mini Could See Up to 30% Drop in Demand During Q2
April 17, 2013 7:59 AM EDTOne of Apple's (Nasdaq: AAPL) hottest products might see some weakness moving through the current quarter.
Digitimes says that shipments of Apple's popular iPad mini could sees a sequential drop of 20 percent to 30 percent due to sofening demand in the... More
Cirrus Logic (CRUS) Prelim. Q4 Revs Miss Views
April 17, 2013 6:29 AM EDTCirrus Logic Inc. (Nasdaq: CRUS) announced preliminary net revenue of approximately $206.9 million, based on unaudited financial results for the fourth quarter, which ended March 30, 2013. The company also announced that it will record a total net inventory reserve of $23.3 million of which approximately $20.7... More
