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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Keith Feral who wrote (149059)	1/24/2013 11:05:41 AM
From: Moonray	1 Recommendation Read Replies (1) \| Respond to of 213172

Peter Jaffrey is from Jefferies, not Piper Jaffrey. From the story: Jefferies analyst Peter Misek: Cut his rating on the shares to Hold from Buy, reducing his target to $500, from $800. “[The] slowdown in iPhone sales is real and material. While management was somewhat evasive on the call, it appears that demand in the second half of the quarter and into CQ1 was much weaker than management or we expected.” He also thinks margins will continue to fall. o~~~ O