Tag Archives: goldman sachs

Why Apple Inc Stock Downfall Prediction at $60 is Wrong?

Apple Inc (AAPL) stock will plummet by 50%, according to Berenberg, a German investment bank citing the Cupertino-based tech giant’s over-dependence on iPhone alone with no other product to supplement the iPhone’s presence in the market. Apple Insider described the prediction more of a statement than a plausible estimate as it is too “extreme” to iamgine. According to Apple Insider, ...

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Rajat Gupta surrenders, faces 20 years in jail if convicted for insider trading

India-born former head of the McKinsey & Co. consulting firm Rajat Gupta surrendered to FBI facing charges of insider trading on Wednesday. The jury has charged Gupta on five counts of securities fraud and one count of conspiracy to commit the fraud by providing inside information to hedge fund manager Raj Rajaratnam, who was already convicted and sentenced to 11 ...

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