Is Apple the New Microsoft?: Barclays Downgrades Apple
Submitted by Jon Reed on
Apple (NASDAQ: AAPL) stock took a slight dip Thursday morning following news that the tech giant had been downgraded by investment firm Barclays from "Overweight" to "Equalweight." This basically means stop buying, because there isn't enough room left to expect the kind of spectacular growth that Apple has experienced in recent years.

According to AppleInsider, Barclays analyst Ben Reitzes wrote in a note to investors: "Frankly, we just couldn't quite bring ourselves to use smart watches or TVs as reasons to raise numbers — nor were we fully convinced that these products could move the needle