Apple stock has been sliding steadily since its peak-time back in September 2012, now shareholders want to know when things will begin to return to ‘normal’ once again for the company’s shares. Can Apple Inc. (NASDAQ:AAPL) ever get back to where it was less than 6 months ago?
In a recent research report – Shaw Wu, an analyst at Sterne Agee says:
“The big question we get from investors is whether the greatest turnaround and growth story of the past decade is over? Our answer is no but we do believe that Apple Inc. (NASDAQ:AAPL) needs to think different and change its strategy to regain its mojo. Based on feedback, we believe the company needs to: (1) reclaim high-end leadership as iPhone 5 isn’t viewed as high-end anymore and (2) get more aggressive in the midrange. The good news is that we are seeing evidence of progress for both in our supplier checks.”
The chart shared below shows two possible reasons for the recent decline of Apple Inc. (NASDAQ:AAPL)’s stock price: declining gross margins and decelerating revenue growth.
Apple Inc. (NASDAQ:AAPL) on January 23rd, 2013 reported earnings of $13.81 per share, on $54 billion in revenue for the last three months of 2012.
Analysts views for the tech company have become unpredictable in recent weeks as Apple Inc. (NASDAQ:AAPL)’s future success appeared to be less than guaranteed. Some analysts have speculated that the current drop in the Cupertino-based firm’s stock price makes it a valuable buy.
[Infographic via: Statista]