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Apple’s iPhone 16 availability suggests vulnerable call for: Barclays

Apple’s iPhone 16 availability suggests vulnerable call for: Barclays
October 1, 2024



Stocks of Apple (AAPL) are dealing with downward power Tuesday, following observations via Barclays indicating softer iPhone call for. Barclays analyst Tim Lengthy issues to the larger availability of the iPhone 16 in a while after its release as an indication of probably weaker call for for Apple’s flagship product line year-over-year.The funding company maintains an Underweight ranking on Apple inventory, with a value goal set at $186.For extra professional perception and the most recent marketplace motion, click on right here to observe this complete episode of Catalysts.This submit used to be written via Angel Smith

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