Apple shares on the decline: Should investors sell now? Financial expert gives assessment
According to a report from www.bild.de, Apple started the new year with a sharp downturn on the first day of trading, causing the tech giant's shares to lose 4.5 percent in value. The negative rating of Apple by the renowned Barclays Institute on Wall Street and the declining demand for the iPhone lead to this development. According to Cliff Michel, top expert for growth companies, there is an overall consolidation in technology stocks at the start of the year. This is normal and healthy after the record year of 2023, as Apple increased in value by over 45 percent last year. However, Barclays reports that demand for the iPhone...

Apple shares on the decline: Should investors sell now? Financial expert gives assessment
According to a report by www.bild.de, Apple started the new year with a sharp downturn on the first day of trading, causing the tech giant's shares to lose 4.5 percent in value. The negative rating of Apple by the renowned Barclays Institute on Wall Street and the declining demand for the iPhone lead to this development.
According to Cliff Michel, top expert for growth companies, there is an overall consolidation in technology stocks at the start of the year. This is normal and healthy after the record year of 2023, as Apple increased in value by over 45 percent last year. However, Barclays reports that demand for the iPhone is slowing and recent sales figures are no longer as dynamic as before.
Despite Barclays' negative assessment, 40 out of 44 analysts still rate Apple better. In addition, Apple's business is now more diversified, making the company less dependent on iPhone sales. Apple has expanded into various areas with the service division, Apple Pay, Apple Music, Apple TV and the Apple Watch and has thus developed further.
The stock professional warns against panic and advises against selling now. He sees price setbacks as buying opportunities and recommends waiting for the moment. The stock could potentially correct another 5-10 percent before it makes sense to invest. New iPhone versions and a leap in the development of the Apple Watch are due in the fall, which could lead to possible record sales and positive studies from analyst firms.
The impact of Barclays' negative rating on Apple and slowing demand for the iPhone has caused the company's shares to fall in value. This could lead to general consolidation in the tech stocks space, prompting investors to wait before they pounce. However, Apple's broader lineup and upcoming new products could lead to positive developments again and offer potential buying opportunities. So it remains to be seen how the situation will develop in the coming months.
Read the source article at www.bild.de