Apple shares faced fresh pressure on Monday after Jefferies cut its rating on the tech giant to Underperform from Hold, citing worries about the company’s ability to sustain higher average selling prices for iPhones amid production setbacks and rising costs. Analyst Edison Lee lowered the firm’s price target to $263.66 from $285.56, implying roughly 16% downside from recent levels. The move adds…

iPhone 17 features the Center Stage front camera, a fantastic 48MP Dual Fusion camera system, a bigger and brighter 6.3-inch display with ProMotion, and great all-day battery life. According to Jefferies analyst Edison Lee, iPhone demand in China is rebounding, with growth in the world’s second-largest economy accelerating — a shift that overturns the firm’s prior pessimistic forecast. Sam…

iPhone 16 Pro comes in four stunning finishes: black titanium, natural titanium, white titanium, and desert titanium. Apple’s stock declined on Monday after Jefferies downgraded the company to a “hold” rating. The investment firm cited concerns about disappointing iPhone 16 sales, despite the introduction of new artificial intelligence features. Analyst Edison Lee cited these concerns as the…

Third party retailers in China are offering discounts of as much as 10% on Apple’s iPhone 14 Pro and flagship iPhone 14 Pro Max. Apple’s iPhone 14 Pro and flagship iPhone 14 Pro Max : Electronics vendors JD.Com Inc and Suning are currently selling the iPhone 14 Pro basic model for 7,199 yuan ($1,062), checks of JD.com’s app and Suning’s website showed. That is 800 yuan cheaper than the standard…