Apple downgraded by HSBC, who said iPhone maker is 'facing the reality of market saturation'

  • 📰 CNBC
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

Apple shares fell on Tuesday after HSBC downgraded the stock, citing too much dependence on a single product and slowing emerging markets economies.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Apple will do just fine. Analysts are crazy

And how many people will pay almost $1000 and sometimes over for an iPhone every year or two !! I keep mine until it dies !!!

The market is saturated with FRAGMENTED Android.

They said that in 1985 🤷‍♂️

WTF?

No...not market saturation... but the Allegory of Moore.

such a bs downgrade

Not really market saturation but the fact that other brands are actually eating into Apple market share.

They no longer have an incredible product to sell!

thanks for the breaking news. are you rerunning this from nov 3?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft Closes In on Apple as World’s Most Valuable CompanyMicrosoft briefly eclipsed longtime rival Apple as the world’s most valuable company, before a late rally by the iPhone maker kept it in the top spot. Thank you Apple ExxonMobil has made an unexpected oil and natural gas discovery. This dwarfs other discoveries made in its past and current inventories. The discovery is so large as to inrease WORLD stockpiles by 59%.
Source: WSJ - 🏆 98. / 63 Read more »