Analyst: Apple Investors Need This Confidence-Booster

  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

With the sentiment surrounding Apple’s (NASDAQ:AAPL) stock staying glum, the company needs to announce something big and improve shareholders’ mood, Barclays Capital’s Ben Reitzes has said in a research note. Reitzes has a clear-cut solution for the company to get out of its “funk”, adding: “Apple needs the living room.”

What is Apple’s Problem?

“Apple remains in correction territory with shares down 24 percent since September 21st (S&P 500 down about 3 percent over the same time frame) – and down 9.5 percent in the last week (S&P 500 was flat) after a partial recovery,” the analyst writes, according to Barron’s. “Most of the questions we are fielding are around long-term margin sustainability and a potential for a significant sequential sales slowdown after the December quarter — in both the March and June quarters.”

Our 20-page proprietary analysis of Apple’s stock is ready. Click here to get your Cheat Sheet report now.

Reitzes adds that at a recent investor conference, while 55 percent of the shareholders felt that concerns around margins were the biggest issue hampering Apple’s stock, 30 percent believed that the company was suffering from a lapse in innovation. Why?…

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business