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Investment firm Evercore says Apple is facing weakening demand and strong competition from AI rivals, but investors should stick with it for the long term.
Apple Park
Apple Park
Evercore tends to be positive about Apple. It remains that way mostly because of continued growth in the App Store, for instance, plus wearables and services.
It remains positive now, but says that its clients have been looking for sell off Apple stock for three specific reasons.
Go Here to Read this Fast! Evercore tells investors not to abandon Apple
Originally appeared here:
Evercore tells investors not to abandon Apple
