Apple shares have fallen below the $500 mark for the first time in months. An analyst from Citigroup claimed that demand for Apple shares isn’t great, and perhaps it’s good.
Speaking to CNBC, he noted:
“We can’t be sure, but what I can say is: Demand isn’t great. Maybe it’s just good. What we can also say is, a year ago or two years ago, Apple had open field running with no competition, and now they have competition.”
