Another day, another panicky analyst note fretting about
Apple’s (
AAPL) future.
Per ZDNet, the latest gloomy rumination on the world’s most valuable tech company comes from Barclay’s analyst Ben Reitzes, who says quite plainly that
Samsung’s (
005930) “momentum begs for an answer from Apple” in the near future. In particular Reitzes worries that Apple is letting Samsung clean up the mid-tier handset market with the Galaxy S III mini and the Galaxy Grand, and says the company needs to step up its efforts to
diversify its iPhone portfolio by releasing a cheaper version of the device by the end of the year.
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