Down 11% YTD! Will You Bottom Apple at $200?
Renowned Apple analyst Ming-Chi Kuo warned in early January that iPhone shipments in China would decrease because Apple Intelligence is not yet launching in the Chinese market.
In December 2024, smartphone shipments in China were roughly flat compared to the same period in 2023, but iPhone shipments declined by about 10–12%, indicating that Apple's market share in China continues to shrink.
--------------
Apple's stock has already fallen 11% year-to-date. Will it drop back to $200 this time?
At what price are you planning to buy the dip?