Downgrade and urgent risks cited for Apple due to threats to iPhone sales and valuation concerns.

From Yahoo Finance: 2025-06-27 15:16:00

Laura Martin, Needham and Company senior analyst, downgraded Apple Inc (NASDAQ:AAPL) stock due to threats to iPhone sales and valuation concerns. Urgent risks include Apple’s high valuation compared to historical levels and competitors like Google and Amazon. Apple’s revenue in China dropped 8% in 2024, with weak performance in Wearables and Home segments. Sands Capital Select Growth Fund exited AAPL to strengthen cash position for future opportunities, citing greater upside potential in other businesses and delayed AI feature rollout as concerns.



Read more at Yahoo Finance: Analyst Highlights ‘Urgent Risks’ and Threats to Apple (AAPL) Fundamentals