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Apple Stock Selloff Deepens. China and iPhone Worries Are Overdone, Says Wedbush. - Barron's

1. Apple's market share declines and struggles in China impact growth outlook. 2. Analyst predicts a turnaround with AI rollout and upcoming iPhone 16 sales. 3. Apple's stock price dropped 11% this year, reaching $222.60 recently. 4. 63% of analysts still rate Apple as Buy, down from 67% in July.

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FAQ

Why Bullish?

Despite challenges, analyst maintains an Outperform rating indicating future growth.

How important is it?

Analyst’s forecasted growth and AI transition indicate potential for recovery in stock.

Why Short Term?

Upcoming quarterly earnings could significantly influence AAPL stock in the next weeks.

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