#rob cihra

Guggenheim downgrades Apple, cuts earnings outlook

[cfsp key=”getamac.jpg”]”Shares of Apple Inc. fell 0.4% in premarket trade Wednesday, which puts them in danger of a fifth-straight decline, after the technology giant was downgraded by analyst Rob Cihra at Guggenheim Securities, who said rising average selling prices (ASPs) was ‘no longer enough’ to offset declining iPhone units,” Tomi Kilgore reports for MarketWatch.

“Cihra cut his fiscal 2019…