Long initiated coverage of Apple with an equal weight rating and a $192 price target.
"For AAPL, we see no recovery in the iPhone business and expect growth to slow in the service business," said Long in his first note on the stock to clients on Thursday.
These analysts are such a joke!
Apple tries to make its last effort to save its business, just like GE by entering the finance market with its own consuming credits with its still healthy spreadsheet, but the EU and the Asia quietly close their doors on Apple because it returns their wealth back home.
Apple is no longer the leader and isn't creating anything new. In fact I would say they are lagging behind. I will Never in my life buy another Apple product. MSNBC taylorswift13 rihanna ewarren Trump MAGA CNN FoxNews BarackObama katyperry Oprah nypost nytimes
$80 Billion in EBITDA. So just stop.
The stock is back over $200 this morning.
we dont see how far the evolution of phones can go. Blackberry was the Roman empire of phones. And they didn't last. iPhones are expensive and the evolution has stalled. What more can phones offer than they do now? iphone