Image source: Apple.
It was a rough week for Apple (NASDAQ: AAPL) investors. Shares of the the world’s leading — and lately bleeding — consumer-electronics company declined by 2% for the week.
That’s certainly not too shabby in light of some of the Brexit-related carnage, but it was actually the Apple-related news that made it a rough week for investors. Another analyst lowered his price target on the stock, and more reports suggest that investors will have to wait until next year for a bar-raising update for the iconic iPhone.