More data points on Apple show iPhone sales slowdown

By | January 8, 2016

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More analysts are projecting subdued Apple (AAPL) iPhone sales over the next few quarters, causing them to reduce price targets but also maintaining a buy rating on the technology giant. Apple stock has been on a downward slide for five weeks, due largely to concerns of softer demand for its iconic smartphones. Evidence of softer demand comes from Asia-based suppliers of Apple components reporting weaker-than-average revenue growth. That’s also Scalper1 News

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