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APR 03, 2013 - Yahoo! News

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Apple’s ‘slower pace of product innovation’ seen hurting performance

Apple (AAPL) continues to feel the heat after a monumental shift in sentiment that saw the company’s share price plummet more than 35% after hitting a record high in late September. Though Apple posted record earnings for its most recent quarter, the Street continues to voice concern over the company’s future growth prospects. On Tuesday, Goldman Sachs became the latest high-profile Apple bull to cut its outlook as the firm voiced some worrisome concerns in a note to clients. Goldman analysts on Tuesday removed Apple from the firm’s “Americas Conviction List,” populated by stocks it favors ... Read More

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