AAPL shares got slapped silly before market open this morning after a JMP Securities analyst initiated a rare downgrade on AAPL stock yesterday due to assumed problems with Apple's ability to manage the supply chain for its iOS devices in the wake of the disaster in Japan. But not soon after the AAPL sell-off, many other analysts came to Apple's defense, including Barclays Capital's Ben Reitzes.
Reitzes stated that the perceived effect of the troubles in Japan were overblown in relation to how Apple's supply chain would be affected. In a research note, Reitzes stated, "While still a fluid situation, we believe the comments made by QCOM [Qualcomm] may alleviate at least some concerns for Apple gi