Analyst Stephanie Link believes iPhone 17 won’t lead to a “super cycle” for Apple Inc (NASDAQ:AAPL) and questions the stock’s valuation, stating it doesn’t justify a premium multiple. UBS survey shows iPhone upgrade cycle at 35 months in the US, with Apple losing pricing edge to competitors like Samsung and Xiaomi in key markets like China. Mar Vista U.S. Quality Strategy notes AAPL shares rebounded in Q3 2025 due to easing concerns over tariffs and early adoption of generative AI product, Apple Intelligence, with positive initial demand for iPhone 17 launch. However, they believe some AI stocks offer greater promise for higher returns and limited downside risk compared to AAPL.

Read more at Yahoo Finance: Analyst Says Apple (AAPL) iPhone 17 Will Not Result in Super Cycle, Thinks Stock Valuation Not Justified