Skip to main content

Reitzes

See All Stories
Site default logo image

Analyst delivers the ultimate insult to Apple, calls it ‘the next Microsoft’

applelogo_grey_classic-1024x1024

Apple just might find itself shopping around for a new finance partner for its retail stores after Barclays analyst Ben Reitzes likened the company’s future potential to that of Microsoft.

financing-page-hero-2013Downgrading AAPL from a buy to a hold, Reitzes said that while he was excited by the iWatch and Apple television ideas as a consumer, he didn’t see either driving double-digit growth. Quoted by Business Insider, he said:

We look at a valuation analogy vs. Microsoft from 2000 to about 2010 and see no precedent that large-size tech companies simply start to broadly outperform again after a tough year or two if the law of large numbers is catching up to them and margins have peaked.

Ouch! Still, it appears his pessimism is not universally shared.