Needham downgrades AAPL
updated 12:15 pm EST, Thu January 16, 2003
While USB Warburg reiterates its "buy" rating for AAPL, another firm - Needham - has the stock to Hold from Buy, saying it's unlikely that AAPL will outperform until growth returns in the Dec qtr, even if the co can gain mkt share; cuts FY03 est to $0.22 from $0.40.


