AAPL: Jefferies' Peter Misek seems to be the sole...

10:48 AM Jefferies' Peter Misek seems to be the sole sell-side analyst to downgrade Apple (AAPL -9.9%) today. "[The] slowdown in iPhone sales is real ... it appears that demand in the second half of the quarter and into CQ1 was much weaker than management or we expected," wrote Misek as he cut shares to Hold. ISI is lowering its PT to $600 from $710, but thinks a cheaper iPhone can right the ship. Topeka (previous) and Canaccord hold out hope an iPhone refresh will arrive in 1H. CRUS -8.4%. (more) (transcript) Read comments

Focus Articles on AAPL

• Apple's Growth Story Is Over by Ashraf Eassa
• Apple Disappointed In Part Due To Supply Constraints by Darren Hart
• Apple's Shares Are Approaching A Bottom by Saibus Research

Press Releases on AAPL

• Wi-Fi + Cellular Models of iPad mini & Fourth Generation iPad Available in China This Friday (Business Wire)
• Apple Sells Three Million iPads in Three Days (Business Wire)
• Apple Reports Fourth Quarter Results (Business Wire)

Related Articles on AAPL

• Is Apple Taking The Microsoft Path? by Bespoke Investment Group
• Why Verizon Continues To Outpace The Wireless Carriers by Valuentum
• Thursday: Nasdaq And Apple - $50 Billion Removed Overnight by Philip Davis

StockTalk on AAPL: AAPL StockTalk | Twitter AAPL | Twitter $AAPL | AAPL Instablogs

Recent Market Alerts on AAPL: All currents | Earnings | Dividends | M&A | On the move

Transcripts on AAPL

• Apple's CEO Discusses F1Q 2013 Results - Earnings Call Transcript
• Apple's CEO Discusses F4Q12 Results - Earnings Call Transcript
• Apple's CEO Discusses F3Q12 Results - Earnings Call Transcript

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