Barclays
Apple shares slip more than 3% after Barclays downgrade
Barclays analysts believe that weak iPhone 15 sales could indicate a trend of lower hardware and iPhone 16 sales in the upcoming year. This downgrade has caused Apple shares to drop by over 3%, reflecting investor concerns about the future performance of the tech giant.
Investors will be closely monitoring Apple's upcoming product releases and sales figures to see if Barclays' predictions come to fruition. The impact of this downgrade on Apple's stock price highlights the influence that analyst reports and market sentiment can have on the financial performance of a company.