Goldman Sachs is a major subcontractor of Apple. Isn't this a conflict of interest?
My thoughts also.
This seems like an obvious conflict of interest. Even if their analyst division is separate from their banking division, they're both still Goldman Sachs and it seems kind of weird that they would even be allowed to comment or have an opinion on it.
And any effects from the virus are of a near term nature anyway, which will affect virtually all companies and the economy.
The world is not going to end and this virus nonsense will end eventually too. Only a fool would sell. Long term, Apple is looking strong as hell.
Headline iPhone SE delivery dates are shifting into May due to popular demand. Sachs should really have more faith in Apple. Truly trying to lower the stock price so they can make a bigger profit at Apple's expense.
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This seems like an obvious conflict of interest. Even if their analyst division is separate from their banking division, they're both still Goldman Sachs and it seems kind of weird that they would even be allowed to comment or have an opinion on it.
And any effects from the virus are of a near term nature anyway, which will affect virtually all companies and the economy.
The world is not going to end and this virus nonsense will end eventually too. Only a fool would sell. Long term, Apple is looking strong as hell.
Sachs should really have more faith in Apple. Truly trying to lower the stock price so they can make a bigger profit at Apple's expense.