Apple stock dropped below $400 again as an analyst lowered his forecast for the company. Wall Street, apparently, is losing faith that Apple can return to its brief glory days of 2012 as the mobile-fueled technology highflier it was.
Feel like being disappointed? If your answer is “no” then you probably shouldn’t read about the latest awesome rumor about the Apple TV.
Wall Street and Apple are not cozy bedfellows this morning. Apple’s stock is down another $20 billion this morning in early trading on reports of iPhone component order cuts and softening demand.