$AAPL - UBS: APPLE AI NOT DRIVING IPHONE UPGRADES UBS says Apple Intelligence is not meaningfully accelerating iPhone upgrades, with fewer…
$AAPL - UBS: APPLE AI NOT DRIVING IPHONE UPGRADES
UBS says Apple Intelligence is not meaningfully accelerating iPhone upgrades, with fewer users citing AI features as a reason to buy a new device.
While iPhone purchase intentions remain solid in the U.S. and Europe, demand in China weakened. UBS maintained its iPhone forecasts and $296 price target on Apple.
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