Apple (AAPL) faces challenges as complaints arise about the iPhone 17 models, leading to the term “scratchgate” trending on social media. Investors reacted, causing a slight decline in Apple shares during Tuesday morning trading.
- Apple (AAPL) faced complaints about iPhone 17 models.
- "Scratchgate" refers to scratches on new iPhone 17 models.
- Apple switched from titanium to aluminum for casing.
- Analysts have a Moderate Buy consensus rating on AAPL.
- AAPL's average price target is $250.17 per share.
- Apple promotes Safari over Chrome for privacy reasons.
“Scratchgate” highlights issues with iPhone 17 models, which are reportedly showing scratches and scuffing shortly after being unboxed. This has raised concerns among consumers and investors alike.
The primary reason for the complaints appears to be Apple’s decision to switch from titanium to aluminum for the casing. Aluminum is softer and less expensive than titanium, leading to questions about quality and durability.
All Shiny and Chrome…Not Allowed
Apple has also warned users against using the Chrome web browser on their devices. The company promotes Safari, stating it includes features that protect user privacy, contrasting it with Chrome.
Is Apple a Buy, Hold or Sell?
Analysts on Wall Street have a Moderate Buy consensus rating on AAPL stock, based on 17 Buys, 14 Holds, and two Sells in the past three months. The average price target of $250.17 per share indicates a 2.19% downside risk.
Originally reported by www.tipranks.com as ““Scratchgate”: Apple Stock (NASDAQ:AAPL) Slips as iPhone 17 Models Prove Oddly Delicate” on 2025-09-23 20:05:00.
