Analyst says iPhone 18 demand weakness is "intensifying"
FROM THE WIRE · FINANCE.YAHOO.COM
Investing.com -- Jefferies believes underlying demand for Apple's iPhone 18 Pro and Pro Max is weakening further, with the firm pointing to shrinking lead times, falling resale prices and reported order cuts. Still guessing which stocks will beat the market? Our AI portfolio…
Read at the source ↗MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishSigns of weak iPhone 18 demand may weigh on Apple's revenue expectations.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
- 01Jefferies says demand for iPhone 18 Pro and Pro Max is weakening further.
- 02Lead times in China have fallen to zero days.
- 03PDD began discounting the Pro and Pro Max by 6% and 9%.
- 04Resale prices for all Pro variants have moved to discounts.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets