$Apple (AAPL.US)$ don't get caught up in a bull or bear narr...

Apple does one thing best. They roll out products 'for idiots'. All the usual upgrades announced are ok. Not much change to anything. No stagnation either. Biz as usual.

AI rollout has been postponed essentially by 6mth, tho.

Is it good or bad? It's simply a statement that it's not 'idiot ready' yet, thus (AI) is going to remain an enthusiastic bull narrative (that it's going to change everything), with sudden downsides due to 'there is no money in AI'.

Simply put, a sideways chop, based on macro narratives.

You can even see it on a micro scale yesterday.