Apple
faces a tough task to meet Wall Street expectations for the first two quarters of its current fiscal year as supply problems feed into lower demand, according to analysts at
J.P. Morgan
Apple
(AAPL)’s revenue and earnings for the December quarter could be set to come in modestly below consensus expectations, wrote J.P. Morgan’s Samik Chatterjee in a research note. Chatterjee lowered his target price for Apple to $180 from $190 previously but maintained an Overweight rating on the stock.
Source: https://www.barrons.com/articles/apple-stock-revenue-growth-iphone-jpmorgan-51674132323?siteid=yhoof2&yptr=yahoo