Market Movers has rounded up the best reactions to Apple from investors and analysts. The pundits, including Jim Cramer, spoke about the world’s most valuable technology company as shares continued their decline after gains. Apple beat both sales and earnings estimates for the fiscal third quarter on Thursday. Rosenblatt Securities’ Barton Crockett, who downgraded Apple to neutral from a buy following earnings results, said Monday on CNBC’s Squawk on the Street that the tech giant is on “pause from growth” and that it’s hard to say what can be done to get expansion going again. Apple was the worst performer on the Dow Jones Industrial Average during Monday’s session, posting its fifth consecutive day of losses. Despite the recent downturn, shares are up more than 37% this year.
https://www.cnbc.com/2023/08/07/apple-extends-its-post-earnings-decline-heres-what-the-pros-are-saying.html Apple extends its decline after earnings. That’s what the pros say
