Apple Downgraded by Needham Over AI Risks and Limited iPhone Upgrade Cycle
Apple Inc. shares dropped in premarket trading after a downgrade by Needham, citing concerns over the company’s growth prospects and position in the market. The downgrade reflects worries about AI risks and a potentially limited iPhone upgrade cycle,…
Apple Inc. shares dropped in premarket trading after a downgrade by Needham, citing concerns over the company’s growth prospects and position in the market. The downgrade reflects worries about AI risks and a potentially limited iPhone upgrade cycle, impacting Apple’s stock performance in 2025.