Key Calls (Barclays Takes A Bite Out Of Apple)

Key Calls (Barclays Takes A Bite Out Of Apple)

In a move that many acolytes will find heretical and thus entirely unacceptable, Barclays is out with an Apple downgrade on Tuesday. Consumers, Barclays says, are opting for earlier model iPhones ("mixing down", they call it) versus the late models. Apparently that introduces risk around the 8 launch. It's a painfully long note (there's even a "geopolitical" risk section), so I'll just hit you with the highlights. Oh, and for the rabid Apple fans, remember that I'm just the messenger here - a
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