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.