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Barclays bearish on Apple stock: iPhone is ‘ex-growth,’ and Mac, iPad, Vision Pro are irrelevant

  • Barclays issued a research report on Apple, maintaining an Underweight rating and a price target of $173, expressing skepticism about Apple’s growth prospects.
  • Barclays raises concerns about iPhone being 'ex-growth,' risks in Apple's Services segment, and downplays the impact of newer products like Macs, iPads, and wearables on the stock performance.
  • Barclays remains bearish on Apple despite the stock's underperformance this year, highlighting Apple's decline from its all-time high in 2024.
  • MacDailyNews emphasizes the significance of the iPhone over other products, criticizing Barclays' bearish stance and highlighting Tim Cook's leadership.

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