"Perplexity AI could address some of key issues including quick access to a voice assistant (better than Siri) and could be a hedge to the risk of having Google as a default search engine." — Analyst Wamsi Mohan

Read More BofA Securities is still a Buy on Apple. Sticks with $235 price target.

"Our more bearish view in relation to the volume outlook for iPhone 17 series is in conjunction with our unchanged expectations for a stronger cycle in iPhone 18 series with the launch of a foldable smartphone as well as further progress in relation to AI features." — Analyst Samik Chatterjee

Read More J.P. Morgan trims its Apple target $10 to $230