Previous Close | 0.2900 |
Open | 0.2900 |
Bid | 0.2800 |
Ask | 0.3000 |
Strike | 130.00 |
Expire Date | 2025-02-21 |
Day's Range | 0.2900 - 0.2900 |
Contract Range | N/A |
Volume | |
Open Interest | 38 |
Apple stock was downgraded by Jefferies. The investment firm cited concerns over too-high expectations for the iPhones 16 and 17, and analysts said "serious" AI smartphone tech won't exist for another two to three years.
Apple stock retreated amid a Jefferies downgrade to hold on views iPhone 16 sales will disappoint despite new AI software features.
Apple Intelligence—the company’s brand of AI—will start rolling out this month but Jefferies analyst Edison Lee doesn’t expect it to significantly boost iPhone sales.