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Apple's Delay of Siri AI Features Could Hold Back iPhone Sales, Analyst Says

1. Citi analysts lowered 2025 iPhone sales growth forecast from 5% to 2%. 2. Delay in Siri updates until 2026 could impact sales negatively. 3. Citi maintains a 'buy' rating and a $275 target price for AAPL. 4. Apple Intelligence rollout in China expected to drive future upgrades. 5. AAPL shares dropped nearly 6% amid broader market concerns.

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FAQ

Why Neutral?

The lowered sales forecast is offset by maintained buy rating and price target.

How important is it?

Analysts' reassessment of sales could lead to short-term stock volatility, despite long-term strategies.

Why Short Term?

The delay in Siri updates affects immediate market response, but long-term growth remains positive.

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