Apple (AAPL) says preorders for iPhone Duo sold out within minutes, something that gives Olivier Blanchard confidence that there's "no reluctance" in people buying Apple products despite the steep price tag. While he expects to see softness in iPhone 18 sales, he doesn't see it as an overhang for earnings. Apple's agentic AI capabilities through Siri updates is what Olivier sees leading the Mag 7 giant's growth as it expands hardware capabilities.