Apple is having it hard. Oppenheimer downgraded it from “outperform” to “perform” amidst weak sales. The reason behind this is that the tech giant is struggling to adapt to a competitive AI landscape.

Oppenheimer analyst Martin Yang downgraded Apple (AAPL) to Perform from Outperform with no price target as the firm lowered its FY26 EPS estimate by 4% to $7.95, which is below consensus at $8.23 ...

Apple Inc. was downgraded to perform from outperform at Oppenheimer, in the latest sign of caution building ahead of the company’s results. This is at least the fifth downgrade Apple has ...

Apple's falling market share in China is a major concern: iPhone shipments in Q4 dropped 25%, and the full year 2024 fell 17% for the iPhone, Canalys said. With local Android manufacturers pressuring ...

Apple stock has surged roughly 40% over the past nine months, with a majority of analysts issuing a "buy" or equivalent rating. However, Oppenheimer analysts downgraded the company Wednesday ...

Apple (AAPL, Financials) was downgraded to Perform from Outperform by Oppenheimer ahead of its first-quarter fiscal 2025 earnings report, with analysts citing slowing iPhone sales and competitive ...

Oppenheimer cut shares of Apple (NASDAQ:AAPL – Free Report) from an outperform rating to a market perform rating in a report published on Wednesday, Marketbeat Ratings reports. Several other equities ...

The film winners include Wicked, A Complete Unknown and Conclave, while TV winners include Hacks, Shogun and RuPaul’s Drag ...

Apple shares slipped around 1.2% in premarket trading after Oppenheimer downgraded the stock from Outperform to Perform, citing a "weaker outlook" for iPhone sales and growing competition in China. ...

Apple's Q1 earnings report comes amid AI competition and China challenges. Read what to expect from the earnings and I ...