Apple's China problems keep weighing on stock

Apple Stock May Fall As China IPhone Sales Plunge
In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.
Apple's China problems keep weighing on the stock
Apple faced two downgrades ahead of earnings, with analysts citing weak iPhone demand. China continues to be a headwind for sales.
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Jefferies downgrades Apple’s stock, taking a cautious view on the next couple of quarters and on broader AI demand. Plus, Counterpoint Research notes sluggish China performance.
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Apple Stock Falls as Jefferies Downgrades; JPM Lowers Price Target
Apple shares fell Tuesday after Jefferies downgraded the stock to an “underperform” from “hold” on Monday, noting that flagging iPhone sales and weak demand for its artificial intelligence (AI) features in newer models would lead the tech giant to undershoot quarterly revenue forecasts.
Apple stock falls after downgrade, and other movers
Apple shares are down 1.3% after Jefferies downgraded the tech giant from Hold to Underperform and reduced the price target from $211.84 to $200.75, citing weak iPhone sales. Shares of Walgreens Boots Alliance are falling 7% after the U.S. Justice Department sued the drugstore chain for allegedly helping fuel the opioid crisis.
Apple Stock Just Got Downgraded. Why This Analyst Is Worried.
Forecasts for weak iPhone sales and a weaker update of new artificial intelligence features prompted strategists led by Edison Lee to lower the rate to Underperform from Hold.
Apple gets another rating downgrade: analyst sees 13% downside
Jefferies has issued a stark warning for Apple investors, downgrading the stock to “underperform” from “hold” and lowering its price target to ₹200.75 from ₹211.84, as per a CNBC report. This new target implies a potential downside of 13% from Apple’s current market price.
Apple Q1 Preview: Sell Apple Stock Now To Stay Ahead Of The Curve
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