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Thank you Nicole.
So what is Apple's next move to help the tech giant at least stay on top of its -- well Shibani -- covers technology for -- she's in the newsroom with more money.
Hi guys this remarkable -- the markets or so are still treading higher even know apple shares it is getting Dodd today aides said the biggest drop that we seen an apple shares.
I've since 2008.
Dead there's lots of concerns about what's happening with the companies -- -- in fact eighteen different brokerages.
Including Barclays and credits who is half cut the company's price target by an average.
I'm a 132.
-- -- average price target on the street is 612.
The reasons that concerns about Apple's core growth core concerns.
Where that yesterday the iPhone sales that they revealed fell short of that fifty million market told you -- -- -- the line in the sand that the company needed to beat.
It wasn't able to do that also cheaper -- -- models were selling batter and in the iPhone 5 the iPhone four which essentially is for free but they carrier.
Subscription -- a contract was a huge part of the quarter meaning that consumers or mark price conscious.
Also the new guidance stout which giving and now our range -- -- less room for a wild outside essentially.
Investors think that there's a cap on growth also gross margins to remain pressured.
What will get the company's mode Joseph back Brian Marshall an end research report today sent apple should bring to market a lower price point -- phone.
It would likely drive significant international iPhone adoption apple shares it would likely get there.
Mode -- back and that is what everybody's talking about Connell -- in the wanting and you wanna point now is say yes and the stock is down today.
Capable people have been quite bearish but the fundamentals still remain strong this company is still growing.
It's not that this stock is DO way it's just not growing and doesn't have that and just that it wants had about a year two years ago.
Back -- you.
Thank he's running we're gonna talk --
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