Apple's stock is likely to trade flat over the next 70 days until the launch of the new iPhone in September, barring any significant earnings updates in the meantime.
Development day in June saw Apple reveal vague AI plans, resulting in a slight uptick in stock, but not a substantial increase.
Analysts predict lackluster numbers for Apple, with expectations of lower iPhone sales, strong Services segment performance, and challenges in China.
The future stock movement of Apple heavily relies on the success of the upcoming iPhone release, where innovative AI features could potentially drive the stock value significantly.
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