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Apple gets rare sell rating as New Street downgrades and predicts nearly 30% stock decline

Apple gets rare sell rating as New Street downgrades and predicts nearly 30% stock decline

Posted By: Editorial Teamon: May 29, 2021In: BUSINESS, MARKETING, NEWSNo Comments

Apple could see a significant decline in sales of its flagship iPhone, and investors should get out before the stock tumbles, according to a note from New Street Research. The tech giant reported nearly $48 billion in iPhone sales for its fiscal second quarter, helping the company blow past analyst estimates for earnings and revenue. Several analysts have […] Read more

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