Apple (AAPL) Rises on iPhone 17 Strength Despite Vision Pro Production Cut
Apple stock rose 32% amid strong iPhone 17 sales and services growth, but is tempered by high valuation and reduced Vision Pro headset production due to weak demand.
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Apple stock rose 32% amid strong iPhone 17 sales and services growth, but is tempered by high valuation and reduced Vision Pro headset production due to weak demand.
Raymond James restarts Apple coverage with a Hold rating, citing strong iPhone 17 cycle and service growth but concerns over rich valuation and supply chain risks.