Ahead of Apple's (AAPL) earnings, Kim Forrest says that the upgrade cycle for iPhone users has changed, as phones have improved and become more durable, while the company faces headwinds as Chinese consumers turn toward domestic products. Forrest says that the uncertainty of how A.I. will be used on hardware means that Apple could be a winner or loser in the hardware space.
Morning Movers
30 Jan 2025
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