Analyst cuts AAPL rating on iPhone subsidy backlash, estimates $1B earnings miss – Apple Insider


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Analyst cuts AAPL rating on iPhone subsidy backlash, estimates $1B earnings miss
Apple Insider
By Mikey Campbell BITG Research's Walter Piecyk cut his rating of AAPL stock from "buy" to "neutral" in a note to investors on Monday, saying that telecoms are growing weary of paying high subsidies for the iPhone with returns that don't match Apple's
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