Analysts revisit Apple stock price targets as Cook courts Beijing
Apple shares moved higher in early Monday trading, matching U.S. stocks’s upside move tied to investors’ hope for relief from the Trump administration’s tariff threats, but the tech giant is likely face serious headwinds in coming months following its fumbled AI strategy.
Apple (AAPL) remains firmly in correction territory in the wake of a 15% slump from its late-December peak. The move lopped more than $630 billion from its market value, as investors retreated from the Magnificent 7 tech stocks and amid concern about the rollout of its Apple Intelligence AI system.
Last week, in fact, Chief Executive Tim Cook reportedly orchestrated a rare shakeup of his top executive ranks, tapping Vision Pro creator Mike Rockwell to…
