After a fiscal quarter with surprising results, analyst Brian White of Ticonderoga Securities says the current forecast is that Apple sales will drop 7% in the next period while they have historically risen by an average of 5%.
Despite this, Ticonderoga's ?Barmetro Apple? shows that the month of April can register an annual growth of 113% lower than the first of the year, but still superpositive.
White maintained its "Buy" rating for Apple shares, with a target price of $ 612. At this time, NASDAQ: AAPL is down 0.62%, quoted at $ 347.24.
(via Business Insider)