Macquarie slashes Apple price target on slowing Services (Philip Elmer-DeWitt/Apple 3.0 – Philip Elmer-DeWitt)

Philip Elmer-DeWitt / Apple 3.0 – Philip Elmer-DeWitt
Macquarie slashes Apple price target on slowing Services – AnalystBenjaminSchachter sees tough compares ahead. The Street, not so much. From a note to clients snagged by MarketWatch: Unfortunately, right as investors are becoming more interested in services as a meaningful part of the story, we think it is now about to slow, he wrote. Schachter sees slowdowns for licensing, …