Apple Inc. usually draws out the bull in analysts, but one firm is predicting destruction for the company. In fact, the $60 per share price target set by the German investment bank is so low that some of you are probably wondering if that’s a typo.
No, it isn’t. Apple Insider‘s Neil Hughes reported on the research note from analyst Adnaan Ahmad of Berenberg Bank. His biggest problem regarding Apple is its reliance on iPhone sales... - Referenced Article
These are jittery times for magazine publishers as readers and advertisers dance between the companies’ once-dominant publications and relatively new but powerful competitors such as Twitter , Facebook and Instagram.
For Joe Ripp, chief executive of Time Inc., the competitive landscape has translated into the sale of once-prized real estate, and a coming move to lower Manhattan that will save on rent. - Referenced Article