10.04.2012 02:50 Uhr, Quelle: AppleInsider

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

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 high margins from the handset.

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