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Apple Cut at Jefferies on iPhone Worries as Sell Ratings Pile Up

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Apple Cut at Jefferies on iPhone Worries as Sell Ratings Pile Up Apple Inc. was downgraded to an underperform rating at Jefferies, in the latest example of growing bearishness toward the company. Analyst Edison Lee is concerned about the outlook for the company’s iPhone, especially Apple’s ability to drive higher average selling prices (ASPs) over time.

Apple Cut at Jefferies on iPhone Worries as Sell Ratings Pile Up Apple Inc. was downgraded to an underperform rating at Jefferies, in the latest example of growing bearishness toward the company. Analyst Edison Lee is concerned about the outlook for the company’s iPhone, especially Apple’s ability to drive higher average selling prices (ASPs) over time.
Apple Cut (ORG) Jefferies (ORG) iPhone Worries as Sell Ratings Pile Up Apple Cut (ORG) iPhone Worries as Sell Ratings Pile Up Apple Inc. (ORG) Edison Lee (PERSON) iPhone (ORG) Apple (ORG)
Originally published by Bloomberg Technology Read original →