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BTCC / BTCC Square / Global Cryptocurrency /
J.P. Morgan Trims Apple Price Target Amid iPhone Demand Concerns

J.P. Morgan Trims Apple Price Target Amid iPhone Demand Concerns

Author:
Global Cryptocurrency
Published:
2025-06-26 17:50:03
19
1
BTCCSquare news:

J.P. Morgan maintained its Overweight rating on Apple (AAPL) but cut its price target from $240 to $230, citing moderating revenue and earnings growth. The adjustment reflects expectations of weaker iPhone 17 sales due to economic uncertainty, tariff-driven demand pull-forward, and limited upgrade incentives. China's smartphone subsidies provided temporary demand support, but analysts anticipate a lull before the iPhone 18's foldable design and AI features reignite growth in fiscal 2027.

Supply chain diversification continues as Apple shifts iPhone assembly from China to India—a strategic hedge against geopolitical risks. The MOVE underscores tech giants' broader pivot toward operational resilience amid trade tensions.

|Square

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