Apple Inc. (AAPL, Financial) experienced a decline of over 1% recently, influenced by a Jefferies analyst's assessment that investor expectations for Apple’s latest iPhone model, its first with artificial intelligence tools, may be overly optimistic.Jefferies analyst Edison Lee, who reassessed Apple and shifted his rating from “buy” to “hold,” commented that expectations for the iPhone 16/17 models are immature. According to Lee, the market's high expectations for a 5%-10% increase in sales are unlikely to ...