UPDATE: Oppenheimer Reduces Rating on Apple, Down 7 Percent

In a report published Tuesday, Oppenheimer analysts downgrades Apple (NASDAQ: AAPL ) from Outperform to Perform, removing their previous price target of $560. Apple released their earning report after Monday's close of sales/EPS of $57.6B/$14.50 beating the Street estimate. However, their guidance for the next quarter was not up to