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BGC Partners analyst Colin Gillis explained why his firm downgraded Apple (AAPL) stock to a 'sell' on CNBC today.
Jim Cramer is not optimistic about Apple heading into earnings on Tuesday. The stock needs more downgrades in order to bottom.
The second half of the fiscal year is typically a slow one for the tech giant.
Downside risk for AAPL rises only if sales decline greater than 5% to 10% a year, say analysts.
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