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After Apple’s stock price fell to $ 233 last week, or 20% less than at the end of last week, negative forecasts have intensified. Several experts, including analysts at Goldman Sachs, have repeatedly forecast a collapse in the company’s shares due to various factors.
According to his estimates, Cupertino’s shares will decrease 36% in the second quarter of this year due to the coronavirus epidemic.
The decline will not be overcome even with the announcement of the “cheap” iPhone SE model. Analyzes by specialists show that it will not save the situation and, according to financial analysts, will worsen the situation and make it impossible to implement the company’s business plan. Analysts expect a decline in sales to be seen across all of the company’s devices.
On the one hand, the reason for this is the limited demand for smartphones and other technological products, which has already been alarmed by various companies. On the other hand, there is the problem with the production of the models themselves and the difficult delivery at this time.
The worsening situation will lead to a decline in the company’s earnings, so according to analysts, Apple’s first 5G phone will slow down and won’t appear until 2021.
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