US investment firm Needham has downgraded Apple to "Hold," citing expensive valuation and rising competitive threats, and withdrew its $225 price target.
#YonhapInfomax #Apple #Needham #Valuation #PriceTarget #CompetitiveThreats #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=66258

#DrStrangelove and his #FellowTravelers like to think of themselves as ‘Masters of #Strategy’, but in reality they barely manage to make it as #Monopolists. Faced with #competition they crumble and can only get respond to #Competitivethreats by dramatically lowering prices. This is not #CompetitiveAdvantage unless you lower your costs commensurately. Firing everyone just won’t get you there will it? https://www.washingtonpost.com/technology/2024/04/23/elon-musk-tesla-earnings-outlook/