Following a huge week that saw Apple’s stock climb above $630 amid a fresh round of analyst upgrades, one analyst isn’t sold on the notion that smooth sailing is assured in the immediate future for the world’s most valuable company. BTIG Research analyst Walter Piecyk thinks Apple is set to report blowout earnings for the second fiscal quarter — he sees Apple earning $10.
Apple Inc. rode to another record quarter, largely on the strength of its workhorse iPhone, the popular smartphone that has helped the company become the most valuable technology firm in the world. The company sold 18.65 million iPh... Read Post
Apple showed off its newest iPhones on Tuesday and the market did not like what it saw. Analysts at UBS, JP Morgan, Credit Suisse, and Bank of America all downgraded their ratings on Apple’s stock, which was down more than 5 percent... Read Post