Apple stock downgraded by Jefferies, which says 'serious AI' smartphones are 2 years away

  • Posted on October 7, 2024
  • By AOL
  • 1 Views
Apple stock downgraded by Jefferies, which says 'serious AI' smartphones are 2 years away

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.
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