05-07-2016 20:24 via feedproxy.google.com

Even Apple might feel the effects of Brexit (AAPL)

Citi issued a note on Tuesday in which it said it is cutting its projections for Apple's sales and margins when it reports earnings later this quarter. 
Investors apparently didn't like that. Apple shares were down 1.13% to $94.81 during trading on Tuesday. 
Turns out, it's not necessarily Apple's fault. Blame Brexit.
In the note, Citigroup Global Markets analyst Jim Suva wrote that macroeconomic uncertainty following the British vote earlier this month was one major reason w
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