Apple Stock Disappoints After WWDC: Analyst Says This Price Is 'Better Entry Level' For Investors
1. WWDC event deemed disappointing with no major surprises announced. 2. Needham analyst reiterated Hold rating, downgrading from Buy to Hold. 3. Analyst believes AAPL needs an iPhone upgrade cycle for stock improvement. 4. Stock up 0.9% but down 16.8% year-to-date in 2025. 5. New features presented at WWDC viewed as non-significant by the analyst.