$Apple(AAPL)$ Of course Barclays HAD TO pull the rug out from under AAPL with dubious claims of weak iPhone 16 sales. Dubious because the claim is based solely on shipping lead times vs. last year without any regard to increased manufacturing output vs. last year. To be blunt, Barclays has no idea how 16 sales compare to 15 sales last year. And I say “HAD TO pull the rug out from under AAPL” because Barclays has unwaveringly rated AAPL “Underweight” since January 2 this year when AAPL closed at $185.00. Anyone shunning AAPL because of that rating in January has missed out on a gain of 26% based on the close the day before Barclays hit piece in an effort to save face.
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