Apple Stock Just Got Downgraded. Why This Analyst Is Worried. - Barron's
1. Jefferies downgraded AAPL due to weak iPhone sales and AI feature concerns. 2. Their price target for AAPL dropped by 13% to $200.75. 3. iPhone shipments decreased by 4% in Q4, indicating weak demand. 4. Optimism for AI's impact on earnings is under scrutiny. 5. Consumer surveys show AI features are not widely deemed useful.