✉news TechnologyMobile first seen 1 d ago, last 6 h ago, peak #12
Apple Falls as Jefferies Downgrades Stock Over Delayed Anniversary iPhone
Original: AAPL Falls After Jefferies Downgrades Stock Over 20th Anniversary iPhone Setback — But Gene Munster Sees ‘Strong Next 12 Months’
Apple shares fell after Jefferies downgraded the stock, citing a reported setback for the planned 20th anniversary iPhone that pushed its launch timeline into question. The downgrade weighed on sentiment around Apple's near-term hardware cycle. Analyst Gene Munster pushed back, saying he still expects a strong next 12 months for the company despite the cautious call from Jefferies.
Why now: A fresh analyst downgrade on one of the world's largest companies moved the stock and sparked debate over the iPhone roadmap.
AppleJefferiesGene MunsteriPhone
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