Apple introduced new versions of the iPhone and Apple Watch on Wednesday, but Apple’s stock price barely budged. That might be due to the plethora of accurate leaks about the new products over the past few months.
Nevertheless, Wall Street analysts—some of whom attended Apple’s two-hour, invite-only event—evaluated the new offerings and tried to assess what might happen next. Most were upbeat that iPhone 7 sales could help Apple meet or beat modest expectations, aided by a few targeted price increases and a boost to headphone sales from the controversial removal of the traditional headphone jack.
