Analysts as upbeat as ever on Apple; investors not so much


  • TECH
  • Thursday, 23 Jul 2015

FORWARD LOOKING: Analysts are still optimistic as to Apple's immediate future, although the sentiment is not shared by investors.

Forget that iPhone unit sales were not as strong as many had expected; that the revenue forecast fell short of the average estimate, and that there was no clarity on Apple Watch sales. 

Analysts, for the most part, remain as upbeat as ever on Apple Inc after investors knocked more than US$65bil (RM247.44bil) off the company's market value in initial reaction to the company's quarterly results on July 21. 

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