Jefferies downgrades Apple, says supply chain checks indicate a planned all-glass iPhone is canceled
Apple may have killed one of its bids to bring higher-priced iPhones into its lineup, leading Jefferies to downgrade the stock to underperform.
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- The iPhone 18 Pro will cost Apple 38% more in parts – but there’s some good news 9to5mac.com
- Analysis: the 256GB iPhone 18 Pro is set to have a bill of materials cost ~38% higher than the iPhone 17 Pro due to memory prices; memory's BOM share hits 34% (TrendForce) trendforce.com
- Apple gets rating cut at Jefferies as planned all-glass iPhone is canceled seekingalpha.com