Analysts warn Apple may feel consumer slowdown impact, expectations low for quarterly report.
From Yahoo Finance: 2025-05-14 12:38:00
- The latest quarterly results from major tech companies have eased concerns about AI demand, with significant growth attributed to AI revenue, signaling an acceleration in demand.
- Analysts warn that Apple (AAPL) may be among the first to feel the impact of a consumer slowdown, with expectations not high for the company’s quarterly report.
- Apple reported strong iPhone revenue but slightly below estimated Services revenue, citing a $900 million tariff impact. The US-China tariff truce raises questions about its impact on the stock.
- With dwindling revenue in China and underperforming segments like Wearables and Home, Apple is in need of new catalysts to drive growth.
- Despite high hopes for the iPhone 16 and AI capabilities, Columbia Seligman Global Technology Fund maintains its position in Apple, expecting increased demand with future releases.
- AAPL ranks 4th in top buzzing stocks for May, but under the radar AI stocks may offer higher returns. Consider exploring undervalued AI stocks for potential gains.
- For more insights, check out the 20 Best AI Stocks to Buy Now and 30 Best Stocks to Buy Now According to Billionaires. This article was originally published on Insider Monkey.
Read more at Yahoo Finance: Analyst Warns Apple (AAPL) To Be ‘First’ To Feel Consumer Slowdown Impact