Loop Capital downgrades Apple to Hold as iPhone shipment outlook weakens

First reported by AppleInsider at · Updated · 2 sources

Loop Capital reduced its Apple price target from $370 to $330. The firm expects Apple will not recover an estimated 13 million iPhone shipments removed from second-half 2026 plans, according to MacRumors, reversing its earlier view that memory and processor shortages had delayed shipments until 2027.

  • Apple's staggered release schedule complicates the forecast, according to AppleInsider.

Covered by 2 publishers within 18 hours of the first report.

Reporting2

MacRumors Loop Capital Cuts Apple Rating Over iPhone Sales Outlook · Hartley Charlton

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Topics AppleiPhone