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Also, Apple is holding the launch event for the latest version of its iPhone tomorrow along with other product suite updates. However, the most important catalyst for Apple, and given its S&P weighting in US large caps as a whole, remains US-China trade negotiations. This is due to Apple no longer being a new hardware story. Services will take time to grow. What’s left is a hope that upcoming trade talks will prove productive rather than further disrupt Apple’s China business and its global supply chain.
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