Apple gets downgraded on concern services focus won't deliver big profits
https://www.cnbc.com/2018/05/30/apple-gets-downgraded-on-concern-services-focus-wont-deliver-big-profits.html
The optimism over Apple's services opportunity is overblown, according to one Wall Street firm.
Maxim Group lowered its rating to hold from buy for Apple shares, predicting the company's subscription businesses will disappoint investors.
Apple gets downgraded on concern services focus won't deliver big profits
May 30, 2018, 1:43pm UTC
https://www.cnbc.com/2018/05/30/apple-gets-downgraded-on-concern-services-focus-wont-deliver-big-profits.html
> The optimism over Apple's services opportunity is overblown, according to one Wall Street firm.
> Maxim Group lowered its rating to hold from buy for Apple shares, predicting the company's subscription businesses will disappoint investors.