$Apple(AAPL)$ I don't think that the iphones will be going away anytime soon due to the brand having such a reputable reputation (well, in the U.S. anyways). What I am worried about though is Apple's lack of innovation. The iphones won't be going away, but the newer ones cetainly have not been providing enough incentives for people to upgrade. I know many people that still have the iphone 10, 11, or 12 because they've simply had no reason to pay $800+ for a phone with just a better camera and being faster. From the average consumer's perspective, the camera is already good enough as it is and I don't see anyone really caring about it being faster. Apple intelligence is something else I don't see people exactly being estatic about. Also, their Vision Pro was just what many considered to be a more expensive, lackluster version of the Meta Pro. With investors of Mag 7 companies being increasingly more result focused for developments with AI, I just don't see Apple being a primary contendor, or at the very least, not for a while. Paired up with tons of institutional buying, you might see money being reallocated to other investments if there is an upset of any kind.
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