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.

Shares of Apple have surged roughly 40% over the past nine months, but one analyst issued a cautious warning that it’s time to tap the brakes ahead of the company’s earnings report set for Thursday.

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 ...

Apple (NASDAQ:AAPL) was downgraded to Perform from Outperform by Oppenheimer, one day before the tech giant releases its first quarter fiscal 2025 financial results and outlook. The investment ...

Jan 29- Shares of Tech Gaint Apple (AAPL, Financial) remained low on early trading on Wednesday, losing 1.5%share value after Oppenheimer downgraded shares from "Outperform" to "Perform", saying ...

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 ...