The Macalope Daily: Limbo, limbo!
No matter how low Apple’s stock gets (read: still way above where it was a year ago), there’s always someone who thinks it will go lower.
“The Case for Apple’s Stock Price Falling to $270” (tip o’ the antlers to Rajesh)
$270?! Well, it could happen, given Wall Street’s impossible “Apple standard” (by the way, how does a company get some of that sweet “Amazon standard?”). Or if everyone at Apple simply decided to sit on the couch all week watching Archer and eating kettle corn.
At least one analyst predicts it has much further to fall.
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http://www.macworld.com/article/2021344/macalope-limbo-limbo.html