US investment firm Jefferies analyst Peter MiseKe said in a report released Wednesday that although a growing number of analysts and shareholders required apple to do more with the cash, but he believed the company should be handled with caution. Apple's stock price fell 1% the day.
MiseKe pointed out that Apple needs to speed up chip production and construct a larger data center, get high-quality media content, as well as to finance the mobile phone business, which means that Apple is likely to face a tough road in the future.
US stocks market closed higher on Wednesday, while Apple's stock in regular trading down 4.41 dollars in the NASDAQ to close at 444.56 dollars, down 0.98%. Over the past 52 weeks, Apple's highest price were 705.07 dollars, the lowest price were 435.00 dollars. Compared with the historical highest price of 705.07 dollars, Apple's share price has fallen 37%.
