Ahead of Apple’s (AAPL) 2025 Worldwide Developers Conference kicking off this Monday, June 9, Needham analysts downgraded the iPhone maker from a Buy rating to Hold while removing its price target on the tech stock.
Needham & Company senior media and internet analyst Laura Martin — the analyst behind the call — examines several of Apple’s biggest problems as it faces pressures in China’s consumer market and the team-up between OpenAI and former Apple designer Jony Ive.
Here’s a look at what to expect from the 2025 WWDC event.
To watch more expert insights and analysis on the latest market action, check out more Morning Brief here: https://finance.yahoo.com/videos/series/morning-brief/
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