Apple Inc. (AAPL): Time For Sell-Side To Throw In Towel?.

By Valuewalk

Is it time for the Sell Side to throw in the towel on Apple (considering how bad their coverage has been)? Apple Inc. (NASDAQ:AAPL)’s falling share price might not be the crack of doom for the tech giant as short-sellers are expecting.

Apple Inc. (NASDAQ:AAPL) got jolted and the competition added a nasty sting to it. There is no question that Apple is facing many problems, but low profit margins and tough competition are not company specific. Recently, Apple traded below $500, but Barclays Plc (LON:BARC) (NYSE:BCS) still  puts the price target at $740 in a year.