Why KeyBanc is still underweight Apple with an underwater $200 target
"Consensus expectations appear too high... given we have rarely found times in history where AAPL grows its revenue across all products and geographies." — Analyst Brandon Nispel
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.]