Apple in red after Jefferies downgrade iphone maker due to over expectations

Core Viewpoint - Apple Inc. is experiencing pressure on its stock following a downgrade by Jefferies analysts, who expressed concerns about investor expectations for upcoming iPhone models, particularly regarding a potential foldable design [1] Summary by Relevant Categories Company Performance - The downgrade by Jefferies indicates a shift in market sentiment towards Apple, suggesting that expectations for new product innovations may not be met [1] Market Expectations - Analysts are warning that the current investor expectations surrounding the next generation of iPhones, especially the anticipated foldable model, may be overly optimistic [1]