Apple Stock Is Having a Rough January. Why This Analyst Kept His Buy Rating. - Barron's

1. BofA lowers AAPL price target from $256 to $253 amid weak iPhone demand. 2. iPhone sales estimates decreased to 49 million due to weak macro conditions. 3. Apple's AI software rollout is slow, impacting iPhone sales expectations. 4. iPhone shipments fell in China; Apple now third in market share. 5. High short interest in Apple stock indicates potential volatility ahead.