From Momentum To Headwinds: Why It Is Time To Trim Your Apple Position

  • Apple's stock has fallen from its peak, facing new challenges, as it lags in AI and grapples with higher costs from tariffs. Despite strong services growth, iPhone sales are declining, and product innovation is slowing, impacting overall revenue and margin projections. Our DCF model, incorporating optimistic assumptions, suggests Apple's stock is overvalued at $205.35, with a fair target price of $183.0.