People Aren’t Upgrading Smartphones as Quickly and That Is Bad for Apple
A BTIG analyst lowered his price target on Apple shares, citing longer upgrade cycles
Smartphone customers are having a hard time letting go. For , that’s a concern, said BTIG. The brokerage on Wednesday cut its 2016 and 2017 fiscal year estimates for iPhone sales, citing longer upgrade cycles. The move also caused it to lower its earnings projections for this year and next, and it led it to […]







