0831 GMT - The delayed rollout of an advanced Siri integrated into Apple Intelligence will likely moderate iPhone upgrades next year, Morgan Stanley analysts write in a note. Additionally, Apple could face some degree of higher input costs due to incremental tariff costs on China, the analysts says. "Without a 'killer AI app' in market ahead of the iPhone 17 launch, we don't see AI features contributing to accelerating upgrade rates as meaningfully as we did previously," they add. Therefore, the U.S. bank sees 2026 revenue and earnings per share 5%-6% lower, with $436 billion of revenue and $8 of EPS, 1%-2% below consensus. Shares closed 2.9% lower at $220.84. (najat.kantouar@wsj.com)
(END) Dow Jones Newswires
March 12, 2025 04:31 ET (08:31 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。