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Technology Stocks : Apple Inc.
AAPL 259.48+0.5%Jan 30 9:30 AM EST
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From: Moonray5/3/2016 11:08:49 AM
1 Recommendation

Recommended By
david1951

   of 213183
 
Apple China problems not company specific

Sterne Agee CRT says that the declining revenue that Apple experienced in China last quarter is being
felt by every smartphone maker, not just Apple.

The firm expects Apple's China revenue to sink 15% during its current fiscal year, but it says that the
company's comps will become easier starting in its December quarter.

Sterne Agee CRT keeps a $135 price target and Buy rating on Apple.


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