Analysts: iPhone 16 to offer ‘very little’ change compared to iPhone 15

As we head into 2024, Barclays has published a new research note with its expectations on Apple. In the report, Barclays analysts say their research shows “weakness on iPhone volumes and mix, as well as a lack of bounce-back in Macs, iPads, and wearables.”

With that in mind, Barclays is slightly lowering its price target for Apple stock from $161 per share to $160 per share.

more…