Bruno J. Navarro, CNBC:
Apple stock is headed to a level of $425 per share this quarter,
DoubleLine CEO Jeff Gundlach said after the company reported
disappointing earnings Wednesday.
“I think this is really a broken company that is over-owned,” he
said on “Fast Money.”
Record-breaking revenue. Record-breaking profit. Over 75 million iOS devices sold in the quarter. Totally broken.