Philip Elmer-DeWitt / Apple 3.0 – Philip Elmer-DeWitt
HSBC cuts Apple price target – From a note to clients by analyst Erwan Rambourg snagged by TheFly. HSBC analyst Erwan Rambourg, who had downgraded Apple shares to Hold from Buy on December 4, said that although he had expected challenges for Apple in China, the intensity has surprised to the downside. Given that the China …
