Analysts Express Caution on Apple as AI Developments Fail to Enhance Valuation

Reported 2 days ago

Analysts are wary of Apple's (AAPL) premium valuation as the company navigates challenges like tariff impacts and currency fluctuations. While the tech giant's latest quarterly performance was bolstered by services revenue, concerns remain regarding the potential of AI applications to stimulate a significant upgrade cycle for iPhones. Despite an optimistic outlook for AI growth, many believe that Apple's current stock price, with high price-to-earnings and price-to-free-cash-flow ratios, is not justified under the prevailing uncertainties.

Source: YAHOO

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