Analyst claims Apple’s App Store growth is slowing dramatically

Tae Kim reports for Barron’s:Apple stock will not rise due to slowing sales growth in its App Store business, according to Goldman Sachs.
Goldman Sachs analyst Rod Hall on Tuesday cautioned that Apple’s services revenue may disappoint later this year. He reiterated his Neutral rating for the company’s stock.
“App Store growth slowed markedly in May and June” after a spike earlier in the year, he wrote. “Deceleration implies downside risk for FQ4 [September qua