Analyst cuts AAPL rating on iPhone subsidy backlash, estimates $1B earnings miss - Apple Insider
 AppAdvice | Analyst cuts AAPL rating on iPhone subsidy backlash, estimates $1B earnings miss Apple Insider By Mikey Campbell BITG Research's Walter Piecyk cut his rating of AAPL stock from "buy" to "neutral" in a note to investors on Monday, saying that telecoms are growing weary of paying high subsidies for the iPhone with returns that don't match Apple's ... When Will the iPhone Joyride End? Analyst: If iPhone subsidies end, Microsoft could gain Apple: BTIG Cuts to Hold; iPhone Subsidies Could Dry Up |