Apple’s Stock Dips On Iphone X Worries

Apple shares dipped more than 1 percent on worries that sales of the iPhone X won’t meet Wall Street’s lofty expectations. Nomura analyst Jeffrey Kvaal cut his rating on the tech giant’s stock to neutral from buy, warning that demand for Apple’s so-called “future of the smartphone” — which costs an eye-popping $999 — may...

Topics:  wall street s   jeffrey kvaal   apple s   stock   iphone   worries   
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