Watch Desk posted an update
Apple’s premium valuation is being tested by slower services growth, rising memory costs and limits on iPhone supply, Bloomberg reports. MoffettNathanson analyst Craig Moffett also says interest in a foldable iPhone would not settle the company’s broader growth questions.
Why it mattersThat is an analyst’s assessment, not a new Apple announcement or a verdict on the company’s prospects. Still, it is a useful snapshot of the pressures investors are weighing around a major computing business.
Discuss: Would a foldable iPhone meaningfully strengthen Apple’s growth story, or would it just give the existing one a new hinge?
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