dafman:
Apple's share price has fallen since the release; a probable initial reaction to Apple's pricing.,,,
The biggest concern appears to be the delayed launch dates, Analysts had expected AAPL to sell around 10 million units of the new phones in Q3, with the X not shipping until mid Q4 , both Q3 and Q4 forecasts are at risk....
If AAPL missed both Q3 and Q4 earnings expectations, you would see a fair bit come off the stock ( which has run up over 30% in the YTD as people bet on the X being a "super cycle" phone)
Sure ppl will say they will simply book the sales as Q1, but the US market is all about quarterly metrics, if you miss them you get punished....