Foldable iPhone Frenzy: What's Behind Apple Stock's Skeptical Outlook

Apple's (AAPL) stock is in focus ahead of its highly anticipated launch event, where it's expected to unveil its next-generation lineup, including a foldable iPhone.

While tech enthusiasts are excited about the hardware shift, institutional investors remain skeptical that a foldable device will drive AAPL higher immediately. In fact, market experts warn that the launch could turn into a 'sell-the-news' event.

Tidal Financial senior strategist Michael Khouw said, 'I'm not expecting the stock to do a whole heck of a lot coming out of the announcement. It usually doesn't.'

Bank of America analyst Wamsi Mohan noted that AAPL shares have declined following 10 out of 24 major product launches since 2007.