Get all your news in one place.
100's of premium titles.
One app.
Start reading
Barchart
Barchart
Nauman Khan

This Analyst Says Apple Is Failing at AI. Is It Time to Sell AAPL Stock?

Recent challenges for Apple (AAPL) have pushed analysts to adopt a cautious stance on the stock. MoffettNathanson downgraded Apple to a “Sell” rating, citing a trifecta of challenges: weak consumer response to the AI-enabled iPhone 16, growing competition from Chinese rivals like Huawei, and looming regulatory risks from a U.S. antitrust case against Alphabet (GOOG). The downgrade was accompanied by a price target cut to $188 from $202, reflecting concerns about Apple’s ability to navigate these headwinds.

Analysts have raised questions about whether Apple’s heavily marketed “Apple Intelligence” features can drive demand for its latest devices. Meanwhile, Alphabet faces its own hurdles, as the DOJ lawsuit could disrupt its profitable search partnership with Apple.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.