Apple (AAPL) Could Be 36% Overvalued As AI Launches Meet iPhone Duo Scrutiny
Apple (AAPL) has just stacked the calendar with new hardware and AI software, including M6 Macs and an A20 Pro iPad mini as well as Creator Studio upgrades, while iPhone Duo demand collides with early screen defect complaints. Against that backdrop, Apple shares have edged back from the recent excitement around iPhone Duo and AI launches, with a 1-day share price return of a 1.10% decline even as the 7-day share price return is 1.30% and the year-to-date share price return sits at 26.90%. The...
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