From Barchart: 2025-01-22 02:28:58

Apple Inc. (NASDAQ:AAPL) saw a 2% drop in premarket trading after Jefferies downgraded the stock, citing concerns over weak iPhone sales and slow AI adoption. The downgrade moved Apple’s price target to $200.75, reflecting a 13% downside from Monday’s close.

Jefferies predicts a 2% decline in iPhone shipments for Q1 FY 2025, contrasting with IDC data showing a 4% YoY decrease. Slower AI adoption and subdued growth prospects for iPhone 17 and 18 contribute to the bearish outlook.

Sales for iPads and MacBooks are expected to remain soft amid global economic pressures, while challenges in China’s market limit growth opportunities. Apple’s fiscal guidance may fall short of revenue growth targets for Q1 and Q2 FY 2025.

Investors are concerned about Apple’s ability to innovate in AI, navigate China’s economic recovery, and diversify revenue streams amidst broader consumer electronics market weakness. The downgrade raises questions about Apple’s competitive edge and growth trajectory in 2025.

For deeper insights into Apple’s performance, investors can use Financial Modeling Prep’s APIs to analyze quarterly earnings, revenue trends, growth metrics, and overall financial health. Apple’s downgrade highlights the hurdles it faces, emphasizing the need for investors to stay informed and leverage analytical tools for strategic decision-making.



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