Apple’s shares have taken a big hit in 2024, with sentiment surrounding the iPhone 15 down compared to the iPhone 14 and iPhone 13 perhaps playing a part of it.
iPhone 15
Apple’s start to 2024 hasn’t been great for its shares, with a 6% drop in the first week, notes J.P. Morgan in a Monday note seen by AppleInsider. This reduction is apparently down to “building pessimism around a lack of momentum in iPhone sales.”
Sentiment for the iPhone 15 is “a bit worse” than the iPhone 14 and iPhone 13, reckons the analysts, with the blame leveled at a re-emergence of Huawei in the important China marketplace.
