Nonprofit, nonpartisan journalism. Supported by readers.


Apple fans angry at Piper Jaffray downgrade

An analyst with Piper Jaffray in Minneapolis has ignited a bit of a geekstorm today with a new stock research report on Apple, CNBC’s Tech Check blog reports. Gene Munster has a “cult following among Apple faithful” for sticking with the company “through thick and thin.” But today the analyst adjusted his revenue expectation down 5 percent, and bloggers are skewering him for it. “Hell has frozen over, some will say, and hell hath no fury like an Apple investor scorned.”

You can also learn about all our free newsletter options.

No comments yet

Leave a Reply