Apple (AAPL) investors need to take a breather, says BTIG, downgrading the stock to Neutral from...

|About: Apple Inc. (AAPL)|By:, SA News Editor

Apple (AAPL) investors need to take a breather, says BTIG, downgrading the stock to Neutral from Buy, despite its expectations for another consensus-destroying quarter. Topping concerns is the sustainability of the iPhone price ($600) given the post-paid wireless industry's plan to slow the pace of phone upgrades. Shares -1.4% premarket.