Apple (AAPL) Continues Slide Heading Into Quarterly Results
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April 19, 2013 8:10 AM EDT
Following up on a story reported earlier in the week, Digitimes is out with more information on Apple (Nasdaq:... More
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
April 19, 2013 7:43 AM EDT
Wells Fargo is extrapolating data from Verizon's (NYSE: VZ) Q1 report to potential Apple, Inc. (Nasdaq: AAPL) numbers Friday. The firm has Apple at Outperform with valuation range of $600 to $630.
On Thursday, Verizon reported activations of 4 million Apple iPhone handsets, with about half being the iPhone 5 (4G) model. Wells noted that its expectation was for 3.5 million... More
