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Apple: Super Cycle Gone but Consider $300B Buybacks, Says Citi

The talk of “super cycle” for the iPhone is “long gone,” according to Citigroup analyst Jim Suva talking with CNBC’s Jon Fortt this morning regarding Apple’s (AAPL) fiscal Q1 and forecast yesterday afternoon. Suva said the days of double-digit growth are long gone for the smartphone industry overall, which means it’s no longer possible to expect a super […]
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