Core Viewpoint - Apple (AAPL.US) experienced a decline of over 2%, marking a four-day losing streak, closing at $228.32. Morgan Stanley noted that the new design of the iPhone Air may not justify its $999 price point, potentially limiting sales. In contrast, the Pro series offers comprehensive upgrades and more attractive pricing, which is expected to drive growth. The base model of the iPhone 17 remains at $799 but increases storage to 256GB, aligning with China's subsidy policies, which may aid recovery in the Chinese market. The firm maintains an "overweight" rating on Apple stock [1]. Group 1 - Apple stock declined over 2%, closing at $228.32, marking a four-day losing streak [1] - Morgan Stanley indicated that the iPhone Air's new design may not provide sufficient value for its $999 price, potentially limiting sales [1] - The Pro series is expected to be the main growth driver due to its comprehensive upgrades and attractive pricing [1] Group 2 - The iPhone 17 base model retains its price at $799 while increasing storage to 256GB, which aligns with Chinese subsidy policies [1] - This adjustment is anticipated to support a recovery in the Chinese market [1] - Morgan Stanley maintains an "overweight" rating on Apple stock [1]