Reported about 1 month ago
Apple's stock has surged in anticipation of the upcoming iPhone release, attributed to expected AI features; however, a historical trend shows that its stock typically dips post-launch. Analysts express concern that if the new iPhone fails to meet high expectations, the stock could suffer, evidenced by previous launches where shares fell on 12 of the 17 launch days. Despite growing optimism around Apple’s AI potential, skepticism about significant upgrades remains, potentially placing the recent rally at risk.
Source: YAHOO