Stocks
Lynx Equity Downgrades Apple Over Supply Chain Concerns
Lynx Equity has downgraded Apple Inc. (AAPL) to reflect concerns over supply chain challenges that may impact the company's fiscal 2027 performance.
The firm cited difficulties in securing adequate memory and flash supply, with the global supply of memory for 2027 already allocated.
Lynx Equity expects it will take a year for Apple's new CEO to address these issues.
In addition to supply chain concerns, Lynx Equity also noted that the iPhone 18 models launched today will face price competition from Samsung devices, including the Galaxy S26 FE priced at $700 and $800 for different storage capacities.