Apple just hit an all-time high. KeyBanc says investors should sell the tech giant

KeyBanc says Apple may face slowing device sales and weaker Services revenue as it raises prices on smart devices, including iPhones. The expectation of demand pressure from price hikes implies a cautious near-term outlook for overall revenue mix.

Analysis

KeyBanc says Apple may face slowing device sales and weaker Services revenue as it raises prices on smart devices, including iPhones. The expectation of demand pressure from price hikes implies a cautious near-term outlook for overall revenue mix.