Monday, January 22, 2018

Apple.... multiple downgrades.

I've noted it here before.... 
Apple's $500 upgrade allows you to make a poop emoji take on your own expression. 
This is a $500 Upgrade
The phones go fast enough for everyone already, and most of the new features are things other people have done. So they slow their old phones down to encourage upgrades. (no such problems in the Android world.)
There is a very nice new feature they could add.... and they could deliver it for less than $500...

No idea if they're onboard yet, but this is the time we can start looking for "fast followers."

IPhone demand will disappoint this year, according to another Wall Street analyst.
Atlantic Equities lowered its rating for Apple shares to neutral from overweight on Monday, predicting weaker-than-expected sales for the company's March quarter. This follows a downgrade of the popular stock last week by Longbow Research.
We see "signs that iPhone demand is starting to soften, limited visibility into the potential for future iPhone cycles and emerging challenges to the smartphone's dominance at the centre of consumer technology, we believe the stock's multiple will compress, limiting upside potential," analyst James Cordwell wrote in a note to clients. We are "lowering our March qtr revenue estimates and are now below consensus for Q2-Q418."

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