This is a head scratcher. Citi is primarily a retail shop. With AAPL so undervalued, it would be a great time for their retail salesmen to make some money promoting AAPL. Apparently, he didn't get the memo. Fortunately, I don't think too many people will care what Citi says in light of the quality firms that do cover AAPL and the news from China making the analyst look out of touch.