“Apple shares could fall 20 percent as iPhone sales slow in the second half of this year and sales of the company’s new Apple Watch fail to offset that decline, an analyst said in a note Thursday,” John Melloy reports for CNBC.
“Abhey Lamba of Mizuho Securities downgraded the world’s biggest company, whose shares rose almost 40 percent in 2014 to a record high, to ‘neutral’ from ‘buy,'” Melloy reports. “The analyst’s 12-month price target remains unchanged at $115, about $5 above Wednesday’s closing price, but Lamba said ‘downside’ for the stock could be in the mid-$80s.”
Melloy reports, “‘While F1Q15 results will likely be extremely solid and March guidance could indicate continued momentum, we believe iPhone sales will decelerate more than normal later in the year,” states the note. ‘Additionally,our checks indicate that Apple Watch sales could be disappointing and other categories are unlikely to offset the slowdown in iPhone sales creating pressure on out-year estimates.'”
“Apple is a victim of its own success in a sense, according to Lamba, as it will be unable to add enough new iPhone 6 users this year to justify the company’s size,” Melloy reports.
Read more in the full article here.
MacDailyNews Take: Abney who? From where?
The sun could explode tomorrow and wipe out all life as we know it. Abhey Lamba is an idiot.
Yes. However, I believe that first the Zombie population will swarm Apple and buy up all the available iPhones and Apple Watches to monitor their vitals. This will be Apple’s biggest year yet!
Idiots! I believe they are researching this possibility and will need to start writing their retraction soon.
Sounds reasonable – sarcasm, just another day of stock manipulation with a monster quarter coming our way in less than two weeks – biggest in history – so frustrating to see this so constantly !!
Another hit piece to get ad clicks. Idiots!
What idiot wrote this hit piece? Samsung?
Abby Who?
(with apologies to Mel Brooks)
Abby Normal I believe
…what hump???…..
Maybe MDN should take the scribblings of these dorks re:Apple, and bookend the article with the analyst’s opinions on other tech outfits, like Samsung.
I have often suggested that when an analyst makes a prediction, those publishing it should also list some of their previous predictions so that we can judge how reliable they have been in the past.
What is worse, this bozo, so called analyst, writes this garbage or MDN passes this garbage on as a credible news story?
Check Barron’s.com, you’ll see the article.
Just another twirl on the old standby, “Decline is inevitable”. According to these analysts, something like Apple shouldn’t exist. Its stellar success is a fluke—you’ll see!
Decline in sales is inevitable between Apple’s 1Q and 2Q. More sales during the holiday season slows during the winter months.
Today AAPL is expanding in both China and India. There could be some interesting surprises. Beware your own assumptions.
Two words came to mind when I saw this MDN headline:
“We’ll see”
Actually, a third word also came to mind:
“We’ll see, asshole”
My reaction was: “Cool!! That means when they don’t decrease and the watch is a hit we’ll see 20% upside swing!”
iCal’ed?
Apple stock will either go up or down or stay the same – there – now I am an analyst too. Please send me some of your $ and I will give you even more wisdom.
Normal cyclical FUD to attempt to drive down the stock.
But, I’m sure sales will start to diminish later in calendar 15 as the rumors of the 6-s and 6-s Plus are announced, then another record sales year, etc. etc.
How many times have we seen, Fud,Fud, new Product, Bang, best Co ever?
“Normal cyclical FUD to attempt to drive down the stock.” You forgot this part: “…attempt to drive down the stock” before Apple earnings are announced on January 27.
Yep, that’s what I was going to say. The timing before Jan 27.
So…..They only make money buy selling the phone? Seem to me that I spend much more money with them after I bought the phone.. They are just fine.. The more users the more money keeps pouring in.
Adding to that line of reasoning Apple stock could drop 98% if all Apple Mac & mobile devices sales ended. Microsoft’s stock could drop 99% if Windows and Office stop selling. Ford and other car manufacturers stock could drop 100% if no one bought their cars.
I hope this was “helpful” to investors. – Your unfriendly & calculating neighborhood web-baiting doofus Anal-cysts
Mizuho Securities downgraded Apple from a buy to a neutral.
Second guessing that a product that hasn’t even been released yet will fail and that because the iPhone 6 and 6Plus did so well at Christmas that it will not sell after. Both of these guesses are completely WRONG!!! Why investors listen to such B.S. is beyond me for many reasons. What about Samsung who has nothing to offer, downgrade them and Google for putting out Android software that has 99% malware with security holes that look like swiss cheese. Those are more solid facts to go buy then second guessing with no facts to back them up with.
It is sickening to see, over all the analysts have the power of god driving the stock up and down to their desires, despite how well the company doing as a whole.
This is not all bad because if it does happen, surely it means that Tim Cook will be replaced.
You said you were going to stop with your boring crap about Cook.
I fear, yes in todays market and the price point of iWatch compared to the need of the device being geared more for health and fitness – that the product is too diverse in its choice of styles and offerings too – that it may in fact fail.
MAY but most likely it will not… best of its worse case will be Apple has another Apple TV project device.
Look folks, Apple will only sell so many iPhone 6 and 6 pluses. At some point the market ends until Apple offers an iPhone 7 or new Apple TV. Something to shake up the market. Sadly Apple already showed the world its Watch something they didn’t do for iPad or iPhone. iPhone was revolutionary – iWatch feels far less important. Hope it isn’t a failure but the truth of there matter is it very well could be as good as a Apple TV.
This is all B.S. anyway. We go though this every three months, i.e. every fiscal quarter. In the two to three weeks leading into earnings, all the idiots come out of the woodwork to write drivel, so as to talk down the share price, then Apple likely hits or exceed expectations and the stock soars. I can guarantee you this idiot will be buying on the dip so he will have maximum room to make profits when Apple reports on the 27th. This happens every time. Apple is the most manipulated stock in the market today.