Apple gets rare sell rating as New Street downgrades and predicts nearly 30% stock decline

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Apple gets rare sell rating as New Street downgrades and predicts nearly 30% stock decline

cnbc2021-05-28

Apple could see a significant decline in sales of its flagship iPhone and investors should get out before the stock tumbles, according to a note from New Street Research.The tech giant reportednearly ...

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TaiWoeiHaur
·2021-05-31
Best time to buy.
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1
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Bastions
·2021-05-31
Looks like a time to buy.
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Eaglewings
·2021-05-31
Apple is for mid to long term wealth accumulation. Nothing has changed the power of its ecosystem and strategy
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3
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- ming22:
  [强] [强]
  2021-05-31
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Ktkw
·2021-05-31
Likelikelike comment embt comment
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Skai
·2021-05-31
Even if it drops, it will bounce back soon and even push up higher. Apple is too well trusted by consumers. Although I'm an Android and Windows user, and never have owned any Apple product, I still trust Apple in the long run. Its foundation is too good.
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GCL08
·2021-05-31
If it does go to $90; it will be a great entry point
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- K74Replying toKtkw:
  Great
  2021-05-31
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- loti:
  indeed. opportunity to accumulate
  2021-05-31
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- Ktkw:
  sure
  2021-05-31
  Reply
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Rocal
·2021-05-31
buy when it dips!
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- K74:
  [Strong]
  2021-05-31
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Sam51
·2021-05-31
Pls like and comment ! Tq
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- K74:
  Done
  2021-05-31
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我不是股神我是赌神
·2021-05-31
Ik
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- 我不是股神我是赌神:
  K
  2021-05-31
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phantom74
·2021-05-31
Plsd revert
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- Healthywealt:
  Hmm
  2021-05-31
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Kendaman
·2021-05-30
Oh dearie
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TammyYap
·2021-05-30
Like and comment
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- Bbloh:
  Okay
  2021-05-30
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- TammyYap:
  ?
  2021-05-30
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KinKat
·2021-05-30
Any drop in iPhone says may be mitigated by Apple Services. Doubtful share prices will drop 30% unless NASDAQ also drop by a huge %
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WeiweiWei
·2021-05-30
Pls like and comment
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- WeiweiWei:
  Pls like and comment again
  2021-05-30
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BeautyTrade
·2021-05-30
Too bad。
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- AnaiAnai:
  I will.
  2021-05-30
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- AnaiAnai:
  yeah. too bad.
  2021-05-30
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- BeautyTrade:
  Better avoid.
  2021-05-30
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Chifield
·2021-05-30
The services segment will continue to grow as Apple attempts to squeeze every drop from its users. Too bad there are too many stuck in their ecosystem and hence their 2t mkt cap.
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hkwan
·2021-05-30
defensive faang heading downhill
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Newbie_21
·2021-05-30
Is it real??
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HMian
·2021-05-30
Luckily sold in last week.. lol
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- ShuJie:
  Hahahah same :)
  2021-05-30
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stocksown
·2021-05-30
hold or sell?
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- BrianLTS:
  Hold [Grin]
  2021-05-30
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The iPhone is the best illustration of this, driving close to record shipments in FY21, implying the iPhone 12 is the second best-ever received iPhone,” the note said.However, the confluence of events that made the iPhone 12 a success means that demand has been pulled forward, creating a risk for a disappointing follow-up in the company’s 2022 fiscal year, New Street said.“We see material downside risk – shipments in the 180-200m range vs. consensus at 234m, and downgrade the stock to sell,” the note said.Apple, like several other Big Tech stocks, has underperformed the broader market this year. Shares of the consumer hardware giant have slipped more than 5% since the end of December.New Street lowered its price target for Apple to $90 per share, which is 28% below where the stock closed on Thursday.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":110874999,"gmtCreate":1622444710511,"gmtModify":1704184515263,"author":{"id":"3563667765668803","authorId":"3563667765668803","name":"TaiWoeiHaur","avatar":"https://community-static.tradeup.com/news/4573ecee7a4a891ace3e5566a59069d5","vip":1,"crmLevel":5,"crmLevelSwitch":1,"idStr":"3563667765668803","authorIdStr":"3563667765668803"},"htmlText":"Best time to buy.&nbsp;","listText":"Best time to buy.&nbsp;","text":"Best time to buy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110874999","repostId":1140093781,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":110120458,"gmtCreate":1622432093574,"gmtModify":1704184330016,"author":{"id":"3576308942498579","authorId":"3576308942498579","name":"Bastions","avatar":"https://static.tigerbbs.com/b8f028bbc02f66914fc63a123db1153d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3576308942498579","authorIdStr":"3576308942498579"},"htmlText":"Looks like a time to buy.","listText":"Looks like a time to buy.","text":"Looks like a time to buy.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110120458","repostId":1140093781,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":110338649,"gmtCreate":1622424914281,"gmtModify":1704184143950,"author":{"id":"3574484198588936","authorId":"3574484198588936","name":"Eaglewings","avatar":"https://static.tigerbbs.com/532f4e45cb093f21d9a38905184a4bb9","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3574484198588936","authorIdStr":"3574484198588936"},"htmlText":"Apple is for mid to long term wealth accumulation.&nbsp;Nothing has changed the power of its ecosystem and strategy&nbsp;","listText":"Apple is for mid to long term wealth accumulation.&nbsp;Nothing has changed the power of its ecosystem and strategy&nbsp;","text":"Apple is for mid to long term wealth accumulation. Nothing has changed the power of its ecosystem and strategy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/110338649","repostId":1140093781,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4515927,"gmtCreate":1622439462525,"gmtModify":1680792146972,"authorId":3571044771112848,"author":{"id":3571044771112848,"idStr":"3571044771112848","authorId":3571044771112848,"name":"ming22","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":110338649,"type":1,"supId":0,"prevId":0,"content":"[强] [强]","text":"[强] [强]","html":"[强] [强]"}],"langContent":"EN"},{"id":110399824,"gmtCreate":1622424546068,"gmtModify":1704184124543,"author":{"id":"3564917665277560","authorId":"3564917665277560","name":"Ktkw","avatar":"https://static.tigerbbs.com/c3b319f06c5f5672546acc9d6f02dec1","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3564917665277560","authorIdStr":"3564917665277560"},"htmlText":"Likelikelike comment embt comment&nbsp;","listText":"Likelikelike comment embt comment&nbsp;","text":"Likelikelike comment embt comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110399824","repostId":1140093781,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":110920110,"gmtCreate":1622422316430,"gmtModify":1704184056215,"author":{"id":"3581985274026406","authorId":"3581985274026406","name":"Skai","avatar":"https://community-static.tradeup.com/news/895ee4bbfa814435328502a50bbee0a7","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3581985274026406","authorIdStr":"3581985274026406"},"htmlText":"Even if it drops, it will bounce back soon and even push up higher. Apple is too well trusted by consumers. Although I'm an Android and Windows&nbsp;user, and never have owned any Apple product,&nbsp;I still trust Apple in the long run. Its foundation is too good.","listText":"Even if it drops, it will bounce back soon and even push up higher. Apple is too well trusted by consumers. Although I'm an Android and Windows&nbsp;user, and never have owned any Apple product,&nbsp;I still trust Apple in the long run. Its foundation is too good.","text":"Even if it drops, it will bounce back soon and even push up higher. Apple is too well trusted by consumers. Although I'm an Android and Windows user, and never have owned any Apple product, I still trust Apple in the long run. Its foundation is too good.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/110920110","repostId":1140093781,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":110936041,"gmtCreate":1622420875183,"gmtModify":1704184009290,"author":{"id":"3579045920422452","authorId":"3579045920422452","name":"GCL08","avatar":"https://static.tigerbbs.com/3433a6063e0b2ab82ed571a0790eb790","vip":1,"crmLevel":2,"crmLevelSwitch":1,"idStr":"3579045920422452","authorIdStr":"3579045920422452"},"htmlText":"If it does go to $90; it will be a great entry point&nbsp;","listText":"If it does go to $90; it will be a great entry point&nbsp;","text":"If it does go to $90; it will be a great entry point","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/110936041","repostId":1140093781,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":4516766,"gmtCreate":1622448791075,"gmtModify":1680792161373,"authorId":3574026189533561,"author":{"id":3574026189533561,"idStr":"3574026189533561","authorId":3574026189533561,"name":"K74","avatar":"https://community-static.tradeup.com/news/0915c1dbb625a1fab842a01a98e9f31a","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":3564917665277560,"repliedAuthor":{"id":3564917665277560,"idStr":"3564917665277560","authorId":3564917665277560,"name":"Ktkw","avatar":"https://static.tigerbbs.com/c3b319f06c5f5672546acc9d6f02dec1","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 days","bigImgUrl":"https://static.tigerbbs.com/0063fb68ea29c9ae6858c58630e182d5","smallImgUrl":"https://static.tigerbbs.com/96c699a93be4214d4b49aea6a5a5d1a4","grayImgUrl":"https://static.tigerbbs.com/35b0e542a9ff77046ed69ef602bc105d","redirectLinkEnabled":0,"hasAllocated":1,"isWearing":1,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.06","individualDisplayEnabled":0,"individualDisplaySort":0,"categoryType":1001},"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"objectId":110936041,"type":1,"supId":4512080,"prevId":4512889,"content":"Great","text":"Great","html":"Great"},{"id":4515350,"gmtCreate":1622435867326,"gmtModify":1680792145430,"authorId":3574921814752173,"author":{"id":3574921814752173,"idStr":"3574921814752173","authorId":3574921814752173,"name":"loti","avatar":"https://static.tigerbbs.com/8cca1ef20b63a0869e29787e48188b21","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":110936041,"type":1,"supId":0,"prevId":0,"content":"indeed. opportunity to accumulate","text":"indeed. opportunity to accumulate","html":"indeed. opportunity to accumulate"},{"id":4512889,"gmtCreate":1622424554062,"gmtModify":1680792096346,"authorId":3564917665277560,"author":{"id":3564917665277560,"idStr":"3564917665277560","authorId":3564917665277560,"name":"Ktkw","avatar":"https://static.tigerbbs.com/c3b319f06c5f5672546acc9d6f02dec1","vip":1,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-2","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Senior Tiger","description":"Join the tiger community for 1000 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when it dips!","listText":"buy when it dips!","text":"buy when it 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