Apple gets downgraded because the iPhone cycle is 'in the late innings'
https://www.cnbc.com/2017/12/19/apple-gets-downgraded-because-the-iphone-cycle-is-in-the-late-innings.html
The iPhone cycle that drove Apple shares higher this year is near its end, according to one Wall Street firm.
Nomura Instinet lowered its rating for the smartphone maker's shares to neutral from buy.