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Apple in the doldrums: Garnry
Apple tonight holds its annual fall media event and it is expected to unveil a new iPhone 7.
According to Peter Garnry, head of equity strategy at Saxo Bank, Apple is under pressure in several key markets. Competitors are on par or have surpassed Apple and the company cannot ramp up its revenue from software, he says.
Peter Garnry believes investing in Samsung is a better play.
01:19 minutes
Tags: apple, apple iphone, apple revenue, apple share price, event, peter garnry, peter garnry saxo bank, saxobank.com, saxotradergo, tradingfloor.com
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