Apple Downgraded to Sell Over All-Glass iPhone

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- Apple received a Sell downgrade from an analyst who claims an all-glass iPhone design is dead, per Barron's.
- Jefferies separately cut its Apple rating on iPhone worries, with sell ratings piling up ahead of the iPhone 18 launch, per Bloomberg.
Why it matters: With sell-side downgrades accumulating across at least two firms ahead of the iPhone 18 launch, analyst consensus is shifting bearish on Apple's near-term hardware pipeline, amplifying downside risk for a stock already under pressure.
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