Apple set for worst week since 2020 pandemic selloff

Shares of Apple AAPL.O, the world's most valuable company, on course for its biggest weekly drop since the height of pandemic-fueled selloff in March 2020

AAPL set for weekly drop of more than 12%, what could be its worst since a near 18% drop in March 2020

Stock up 0.2% at $210.06, just above a seven-month low touched on Thursday

Wedbush says delays on AI enhancements and next-gen Siri, a jittery tech stock environment and China tariff worries have been a cloud over iPhone maker recently

Wedbush, however, believes the selloff is overdone

Co said last Friday that some AI improvements to AAPL's voice assistant Siri will be delayed until 2026, which led Morgan Stanley to cut its PT

Average rating by 46 brokerages covering the stock is "buy"; median PT is $253 - data compiled by LSEG

AAPL down 15.6% vs Nasdaq Composite Index's .IXIC 9.15% decrease YTD