Apple’s mixed first-quarter results: What analysts are saying

Kulbinder Garcha, Credit Suisse: Growth Challenges. „The results again demonstrated the challenges the company faces in growing profits for the business. Specifically, while Apple’s advantage within the compute market remains, we believe the high end of the smartphone market is essentially ex- growth with Apple losing share in key markets. All this creates a barrier to a return to outsized EPS growth without the help of buybacks and/or new product categories.” Neutral.Target lowered to $500 from $525. 

Apple’s mixed first-quarter results: What analysts are saying – Apple 2.0 -Fortune Tech.

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