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Benzinga
Benzinga
Business
Anusuya Lahiri

Apple iPhone 17 Launch Could Trigger 'Sell The News' Reaction, Analyst Warns

Apple Eyes Rebound with Slim iPhone, Services Growth

Apple Inc. (NASDAQ:AAPL) is gearing up for its next iPhone cycle with a September launch expected to spotlight a new ultra-thin iPhone 17 Air, but muted consumer buzz and restrained carrier promotions suggest the release may lack the blockbuster momentum of past product cycles.

Bank of America Securities analyst Wamsi Mohan maintained a Buy rating on Apple (NASDAQ:AAPL) with a price forecast of $250.

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