Loop Capital cuts AAPL price target to $170 over weak iPhone demand

AppleInsider
Apr 1, 2024, 11:55 am302 pts
Projecting that Apple's annual revenue will decline in 2024, investment firm Loop Capital says iPhone demand is too soft. iPhone 15 Pro colorful lineup Other investment firms such as JP Morgan are predicting a recovery for Apple in China, while ones like Morgan Stanley, believe the company will benefit from…

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