We Are Cutting Our Price Estimate For Apple, But Still Remain Bullish On The Stock (Trefis Team, Contributor/Forbes.com Market News)

Trefis Team, Contributor / Forbes.com Market News
We Are Cutting Our Price Estimate For Apple, But Still Remain Bullish On The Stock – We are cutting our price estimate for Apple (NASDAQ:AAPL) from $225 per share to about $175 per share, on account of a sluggish iPhone business and headwinds in Greater China. While the company just cut its Q1 FY19 revenue guidance in an unprecedented move, citing some of the above trends, …