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✉news TechnologyMobile first seen 9 d ago, last 3 d ago, peak #12

Apple Shares Dip as Jefferies Downgrades Ahead of Anniversary iPhone

Original: AAPL Falls After Jefferies Downgrades Stock Over 20th Anniversary iPhone Setback — But Gene Munster Sees ‘Strong Next 12 Months’

Apple stock slipped after Jefferies downgraded the shares, citing concerns that the 20th-anniversary iPhone expected in 2027 could slip in timing or impact near-term demand. Gene Munster of Deepwater Asset Management pushed back, saying he still expects a strong next 12 months for the company on the back of its current product cycle. Investors are weighing the downgrade against more bullish analyst views.

Why now: A prominent broker downgrade of one of the market's largest stocks immediately moved the share price and triggered debate among analysts.

AppleJefferiesGene Munster

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