Citi's research arm has adopted a more pessimistic view on Apple's prospects, the Associated Press reports. A key analyst at Citi, Richard Gardner, has lowered his price target for Apple stock from $153 to $132, and also reduced earnings predictions for 2009, 2010 and 2011. Gardner is further pessimistic about iPhone shipments for the fourth quarter of 2008, which he suggests will slip below 4 m
