OR Goldman Sachs issued a statement that investors should market their stock in Apple before the pandemic really affected its bottom line, as its analysts downgraded the iPhone maker to a "sell" category on Friday.
The investment bank, which manages $ 1,8 trillion in assets, said it expects iPhone shipments to slow by 36% in the third quarter of this year.
AAPL $ fell slightly with the opening of the market on Friday, a little more than 2% in pixel time
Existing users will also tend to opt for less expensive devices Apple if they buy a new smartphone, the company said.
As for future smartphones: According to information, its analysts Goldman Sachs do not believe that the Apple A new iPhone will be released by the beginning of November as soon as possible, as the company's production processes have been frozen due to global restrictions.
This article does not give any investment advice and you should do your own research if you are considering selling your stock.