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Tech Rally Fails to Lift Apple Stock Amid Concerns About Tariffs, Delayed Siri AI Features
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Key Points
- Apple’s stock fell for the third consecutive day after iPhone Maker said it would postpone certain Apple Intelligence features of Siri.
- Apple’s slideshows and even other tech stocks were at the time of Wednesday’s rally.
- Morgan Stanley said a more advanced Siri is now on hold, meaning customers have fewer reasons to upgrade their iPhones.
And other Technology stock rallyapple(AAPL) Stocks slid on Wednesday, concerns over the impact of delaying Siri’s features and tariffs widened a series of losses.
Apple shares fell about 1% intraday on Wednesday, and Apple’s stocks reportedly fell for the third time on Friday. Push backward Until 2026, some of Siri’s Apple Intelligence features will be launched.
Delaying more advanced Siri may make customers less reason upgrade Regarding the latest iPhone, Morgan Stanley analysts said Wednesday.Analysts now flatten iPhone sales at 230 million units in 2025, while growth in 2026 was less than previously expected. This is afterward Reading Cut Its iPhone sales are estimated to be earlier this week.
Morgan Stanley also highlights concerns about the impact of the Trump administration Tariffs from Chinese goods. Morgan Stanley said Apple could face higher fees to ease tariffs and companies are unlikely to offset those fees without exemptions.
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