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Apple’s ‘darkest day’
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on 03-01-2019 22:21
My heart is bleeding
Shares of Apple Inc. tanked Thursday, after the technology giant’s revenue warning triggered an avalanche of price target cuts by Wall Street analysts.
Half of the 41 analysts surveyed by FactSet cut their targets, some by as much as $100.
That knocked the average target down by about 13% to $187.03, from $215.91 on Monday, marking the lowest average target since it ended October 2017 at $179.32. The average rating remained at the equivalent of buy, as the new target was about 32% above current prices.
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Re: Apple’s ‘darkest day’
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on 03-01-2019 22:27
Re: Apple’s ‘darkest day’
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on 03-01-2019 22:31
Made me smile this morning.
A lot of people are cottoning on that there are superior products at half the price. Not that iPhone is a bad phone but I've never understood people buying into the Apple brand without ever looking what else is on offer.
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on 03-01-2019 22:38
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Re: Apple’s ‘darkest day’
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on 03-01-2019 22:42
Hahahahahahahahaha!!!!!
that'll teach em.
sheep the lot o... oh wait
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on 03-01-2019 22:44

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Re: Apple’s ‘darkest day’
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on 03-01-2019 22:45
@viridis wrote:Hahahahahahahahaha!!!!!
that'll teach em.
sheep the lot o... oh wait
Yeah yeah yeah...so says the guy who has just reviewed the Ipad Pro ....

Re: Apple’s ‘darkest day’
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on 03-01-2019 23:01
Where’s the violin when you need it 😂
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on 03-01-2019 23:06
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on 03-01-2019 23:35
I'm not sure dropping a few quid is their darkest day. The day Microsoft bailed them out was much darker.
I don't think this will change their pricing policy as they're blaming China.. which is a shame because Apple & China both deserving bending over & ..