This is Mac OSKIN.

iPhone.

This is Mac OSKIN.

iPhone expectations, shaken, though not stirred, targeting the

subcontinent with smartphone goodness and the important stuff Mackeeper

couldn't keep. It's Tuesday the 15th of December 2015. I'm Ken Ray and this is news from Maco

S Ken. Brought to you by yours truly and sponsored by Bushl. When IT is your task, not your career,

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Wall Street's kind of a funny place where Bushle.com.

Wall Street's kind of a funny place where Apple's concerned. A whiff of a hint of trouble on the horizon can be enough to send shares of the

Cupertino company careening.

So it was likely with more than a bit of trepidation that of the Coopertino company careening.

So it was likely with more than a bit of trepidation that Morgan Stanley analyst Katie Huberty

issued a note Sunday night lowering her price target for Apple shares, lowering iPhone sales growth expectations for the current quarter

and calling for negative iPhone growth for fiscal year 2016.

Fortune says for the current quarter, Huberty had been looking for iPhone sales growth of 6.1%.

She's now looking for growth of 0.6% versus the holiday quarter of 2014.

Of course that was a stellar quarter. For fiscal year 2016 she had been looking for

growth of 6.8% she's now looking for sales to fall 5.7% versus fiscal year 2015 and with that she lowered her 12 month price

target on Apple shares from $162 to $143. As I said earlier that's the kind of news that could make a chart of Apple shares look like the path of a base jumper,

or that precipitous moment when the jumper and the cliff part ways.

Didn't happen. Those shares were down a fraction of 0.62% to end the day at $112.48,

...