Analysts revises Apple stock price amid ‘iPhone weakness'
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Apple is experiencing a significant slowdown in iPhone sales, with a 5% decline in Q4 2024, and is facing challenges in the Chinese market. Analysts have revised the stock price due to this 'iPhone weakness'.
January 18, 2025 | 3:45 pm
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Apple's iPhone sales have declined by 5% in Q4 2024, leading to a revision in stock price by analysts. The company is also facing challenges in the Chinese market.
The 5% decline in iPhone sales is a significant factor affecting Apple's revenue, especially given the competitive pressures in China. Analysts revising the stock price indicates a negative short-term outlook.
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IMPORTANCE 80
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