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flag Apple's new iPhone 17 Air faces modest sales forecast despite expected September launch.

flag Apple plans to launch its ultra-thin iPhone 17 Air in September, but Bank of America analyst Wamsi Mohan predicts subdued investor reaction, expecting only a 1% increase in iPhone sales next fiscal year. flag Despite maintaining a "buy" rating on Apple stock with a $250 target, Mohan warns of a potential "sell the news" reaction post-launch, citing a softer promotional environment and holiday season sales expectations.

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