Oppenheimer has cut its stock price outlook on Apple Inc. over concerns that consumers will wait for new models before buying more of the company’s devices.
Oppenheimer said it doesn’t see Apple shares rallying much “until we get closer to the product cycle or get more clarity on Apple’s cash intentions,” according to Dow Jones Newswires.
Thats old news. Apple surely can come up with a positive number today. GLTA..
What new products are going to drive earning higher for the next few quarters?