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Apple off to worst-ever start in 2024 as iPhone, antitrust worries erase $177B in value

Apple shares have had their worst-ever start to a year due to concerns over weak iPhone demand and potential antitrust lawsuits.
The company's valuation has dropped by $177 billion since the beginning of the year, leading to a risk of losing its title as the world's most valuable company.
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Apple stock downgraded by Barclays on softening iPhone sales

Barclays analysts downgraded Apple's stock rating due to concerns about weakening sales demand for iPhones in China and developed markets.
Barclays also cut its price target for Apple, citing negative volume and mix for iPhone 15 and no compelling features or upgrades for iPhone 16.

Apple slapped with second stock downgrade as Wall Street fears sagging iPhone demand

Piper Sandler downgraded Apple's stock to 'neutral' from 'overweight' due to concerns about weakening demand for the iPhone.
Analysts have cited signs of slowing iPhone demand and a disputed ban on the latest Apple Watch model as indicators of trouble for Apple.

Apple stock downgraded by Barclays on softening iPhone sales

Barclays analysts downgraded Apple's stock rating due to concerns about weakening sales demand for iPhones in China and developed markets.
Barclays also cut its price target for Apple, citing negative volume and mix for iPhone 15 and no compelling features or upgrades for iPhone 16.

Apple slapped with second stock downgrade as Wall Street fears sagging iPhone demand

Piper Sandler downgraded Apple's stock to 'neutral' from 'overweight' due to concerns about weakening demand for the iPhone.
Analysts have cited signs of slowing iPhone demand and a disputed ban on the latest Apple Watch model as indicators of trouble for Apple.
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