Global Markets
Apple Stock Downgraded to Sell: Why It Matters for Markets
724FinanceBora Yalın
Apple's stock has been downgraded to 'Sell' by analysts, linked to ongoing supply chain tensions with chip partners and slowing iPhone sales. Investors expect a 5-7% decline for the company's 2024 fiscal year. Delays in A17 chip production are also weighing on iPhone 16 series expectations. Hedge funds are reducing exposure to Apple's 2025 chip supply risks.
Markets will react sharply to this. Apple's stock won't stabilize until supply chain issues are resolved.