Apple already had a rough start to the year. More worries about how its latest iPhones are selling aren’t helpi

Forecasts for weak iPhone sales and a weaker update of new artificial intelligence features prompted strategists led by Edison Lee to lower the rate to Underperform from Hold.

Jefferies has issued a stark warning for Apple investors, downgrading the stock to “underperform” from “hold” and lowering its price target to ₹200.75 from ₹211.84, as per a CNBC report. This new target implies a potential downside of 13% from Apple’s current market price.

In China, Apple’s second largest market, iPhone sales fell 18% in the December ending quarter, according to Bloomberg.

Jefferies analyst Edison Lee downgraded the investment bank's rating on Apple's (AAPL) stock to Underperform and decreased his price target on Apple stock by 13% to $200.75 on Monday. Loop Capital also downgraded Apple's stock from Buy to Hold,

Putting valuations on publicly traded companies is tricky because so much is tied to stock prices -- and stock prices are influenced by many things a company can't control, such as the economy,

Nvidia (NVDA) reclaimed its title as the world’s most valuable public company on Tuesday as Apple’s (AAPL) shares slid.