Apple downgraded on slowing iPhone business as another supplier cuts guidance - InvestingChannel

Apple downgraded on slowing iPhone business as another supplier cuts guidance

Shares of Apple (AAPL) are under pressure after HSBC analyst Erwan Rambourg downgraded the stock to Hold as he believes growth in the company’s core iPhone business is set to “slow dramatically. ” Meanwhile, iPhone… To see the rest of the story go to thefly.com. (See Story Here):(https://www.thefly.com/permalinks/entry.php/id2832069/-Apple-downgraded-on-slowing-iPhone-business-as-another-supplier-cuts-guidance)