Apple shares fell this morning on strength of a downgraded price target announcement from Morgan Stanley as global financial markets continue to bleed.
Shares stand at $139.06 this morning after Morgan Stanley lopped $14 off the target price for Apple, offering revised guidance of $178 - but current share price could be a buying opportunity, as there’s still a c.$40 margin even at the new target price.
It’s not all doom and gloom on Apple stock, with CNN’s Philip Elmer-DeWitt predicting Apple will sell 5 million iPhones in the current quart
