Piper Sandler lowers its Apple Dec. estimates, sticks with $220 target
"The primary reasons for our cut are a tough global phone environment, initial weakness for iPhones in China, and slightly tough compares for Mac and iPad." — Analyst Harsh Kumar
Philip Elmer-DeWitt has been covering Apple since 1983 — mostly for Time Magazine (28 years), later for Fortune (9 years), where he wrote a daily blog called Apple 2.0. [Read more.]