In a rare move, analysts at Jefferies downgraded one of the largest companies in the world, Apple (NASDAQ: AAPL), to underperform. Wall Street analysts are known for being bullish, so underperform and ...
Despite stagnating iPhone sales and uncertainty around the Google payments, Apple stock trades for about 38 times trailing-twelve-month earnings. The last time Apple was this expensive was during ...
Some of that bad news includes a federal judge declaring that Alphabet's $25 billion in annual payments to Apple for Google's default ... That, combined with a stock priced for perfection ...
Apple stock returned more than 30% in 2024, but Jefferies analyst Edison Lee is concerned that "weak demand for the iPhone has materialized," while other products, such as the iPad and MacBook ...