From a note to clients by analyst Wamsi Mohan that landed on my desktop Wednesday.
Read More Merrill Lynch had six reasons for downgrading Apple
Merrill Lynch's note crossed CNBC's desk while the show was on the air.
Read More Team Squawk Box digests a rare Apple downgrade (video)
Seems paradoxical, but it might make sense.
Read More Merrill Lynch downgrades Apple from Buy to Neutral, raises target $50 to $470
The momentum from Thursday's earnings report ran through Tuesday's close.
Read More Apple at $438.66: Third all-time high in as many days
Premarket: Markets are green, Apple is red
5 years ago
5 years agoFrom Investors Business Daily's "After Stock Market Rally, Square Earnings Are Double Surprise" posted early Wednesday: Dow Jones futures rose modestly early Wednesday, along with S&P…
Apple's fundamentals haven't changed that much from $1 trillion to $2 trillion, so why has its multiple doubled?
Read More Josh Brown: Why Apple's multiple is approaching 'abject silliness' (video)
He wasn't the clown he played at Apple keynotes.
Read More Phil Schiller, who ran Apple's worldwide marketing for 30+ years, steps down
From "Worldwide tablet PC market surges by 26% in Q2 2020" posted Monday: The top five tablet vendors all benefited from the surge in demand to…
Read More Canalys: Apple's tablet sales topped 14 million last quarter, twice Samsung's
Premarket: Apple is red
5 years ago
5 years agoApple is due for a breather.
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