Investment firm Oppenheimer has downgraded tech giant Apple (AAPL) stock from Buy to Hold due to reduced estimates for iPhone ...
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Goldman Sachs rates Apple at "Buy" with a $280 price target. Analysts at Barclays expect solid sales from Apple's Services and Mac product lineup to offset weakness in its iPhone business.
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slightly ahead of the $124.12 billion estimate. However, iPhone revenue totaled $69.14 billion, missing projections of $71.03 billion, marking Apple’s biggest iPhone sales miss in two years.