Apple iPhone sales concerns now pushing into June quarter

By | December 22, 2015

Scalper1 News

In recent weeks, Wall Street analysts have cut their iPhone sales targets for the March quarter on signs of slowing production in Asia. Now those concerns are bleeding into the June quarter. Cowen analyst Timothy Arcuri on Tuesday cut his price target on Apple (AAPL) stock to 130 from 135 on a weaker outlook for the iPhone maker. He rates the stock as market perform. Apple stock was flat, near 107, in afternoon trading on the stock market today. Scalper1 News

Scalper1 News