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Canaccord Genuity on Apple, Home Depot, and Microsoft
The following are excerpts from Canaccord Genuity analysts' commentaries. Apple (NASDAQ:AAPL): Taking a bite. Apple once a market darling has slumped in recent trading as it combats slowing top-line growth rates and contracting gross margins as competitors fight for market share in categories Apple invented. This has contributed to the (so far) rapid 25% decline in share price from its peak at $705 in late September.  Also contributing to the downward momentum is the notion that AAPL’s “innovation momentum” is in secular decline because after all how many new product categories can AAPL create and dominate? Mostly though AAPL ...
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