<div id="readability-page-1"><div><div>Apple Inc. 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 AAPL with a price forecast of $250.Mohan said expectations for Apple's next iPhone cycle remain modest despite reports suggesting a September 9 launch for the iPhone 17 lineup, with preorders starting September 12 and in-store availability on September 19.Also Read: Apple Faces Modest Earnings Hit After Court Ruling But Analyst Expects Match, Bumble, Spotify To GainHe expects the headline feature to be the new ultra-thin iPhone 17 Air, priced $100 higher than the current Plus model.However, he noted that investor enthusiasm for the thinner design is subdued compared to past form-factor-driven cycles. Mohan projects iPhone shipments to grow 1% year-over-year in fiscal 2026 to 235 million units, in line with Wall Street's 233 million estimate (Visible Alpha).He added that carrier promotions, which influence iPhone sales, should match last year's levels. However, earlier tariff-driven device sales and a more restrained promotional environment suggest a softer holiday season.If Apple sticks to a September 19 release, there would be nine shipping days in the fiscal fourth quarter, similar to last year. Mohan cautioned that iPhone events often trigger a short-term &#34;sell the news&#34; reaction. Still, a strong Apple Intelligence demo, deeper third-party integrations, or surprise pricing could improve stock performance.He expects Apple to unveil four iPhone 17 models (Pro, Pro Max, Air, and base), running iOS 26, with the Air measuring just 5.55mm and potentially featuring Apple's in-house modem.Other likely announcements include the Apple Watch Series 11, Ultra 3, and AirPods 3, as well as deeper AI features and tighter Siri integration.Price Action: Apple stock is trading higher by 0.28% to $228.40 at last check Monday.<ul> <li>Disney Pushes Into Sports Streaming With ESPN DTC Launch, Analysts See Big Growth Potential</li> </ul>Image via Shutterstock</div></div></div>

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Apple Inc. is set to launch the iPhone 17 lineup on September 19, with preorders starting September 12. Analyst Wamsi Mohan from Bank of America maintains a Buy rating with a price target of $250, but notes subdued consumer interest and carrier promotions may lead to a 'sell the news' reaction. He projects a modest 1% growth in iPhone shipments for fiscal 2026. The new ultra-thin iPhone 17 Air will be priced $100 higher than the current Plus model. Apple is also expected to announce new Apple Watch and AirPods models during the event.

- Apple Inc. is preparing for the iPhone 17 launch on September 9, with preorders starting September 12 and in-store availability on September 19.  
- Analyst Wamsi Mohan maintains a Buy rating with a price target of $250, projecting modest growth in iPhone shipments and subdued consumer enthusiasm for the new ultra-thin iPhone 17 Air.  
- Despite potential challenges, including a softer holiday season and a "sell the news" reaction, the launch may still benefit from strong demos and new features.

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