INFO:
Apple (AAPL) shares are falling in early trading Tuesday. The stock received two downgrades — to Underperform from Hold at Jefferies and to Hold from Buy at Loop Capital. The stock is also feeling pressure from a new report from Counterpoint Research which found fourth quarter iPhone sales in China fell 18% from a year ago. Catalysts Anchors Madison Mills and Seana Smith discuss the calls in the video above. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. This post was written by Stephanie Mikulich.
Apple stock gets two downgrades, China iPhone sales fall