Apple

Investor's Business Daily

Apple (AAPL) was downgraded by Barclays to equal weight (hold) from overweight (buy). The analyst said the tech giant could be the next Microsoft (MSFT), an aging technology firm whose new products are "unlikely to move the needle like the old days." As the smartphone market matures analysts see Apple moving to mobile payments, debuting a smart watch or revamping its TV strategy. Shares fell 1.2%.

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