Apple considered hopeless company

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www.vsyako.netPhoto: Mason Trinca / Reuters

Five analyst firms expect a fall in the value of Apple stock and recommend selling these securities. Downgrade Apple led to the fact that on Monday, July 8, the company’s shares dropped 2.9 percent, according to Bloomberg.

This is the situation for the first time since 1997. Doubts analysts linked to uncertainty around the demand for the main product of the company — the iPhone. In January, Apple has lowered its forecast for income for the first time in almost 20 years. Important for analysts to be the third quarter results, which will publish on July 30.

In addition, the analysts ‘ fears associated with worsening of trade relations between China and the United States. The fact that China has provided Apple 20 percent of income in 2018. iPhone last year was the source of more than 60 percent of revenue Apple.

Meanwhile, the Agency notes that 23 the research firm recommended buying shares of Apple, and 21 is recommended to hold existing securities.

Video, photo All from Russia.

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