AAPL is in a holding pattern pre-iPhone event; rejection would create a buy opportunity.

Moving on to Apple, the stock was at 318 this week. They have a new CEO and the stock has remained almost unchanged this week. John Ternos is replacing Tim Cook, and he's talking about the launch of the next iPhones, which I think we'll find out the date of within the next week or two.

Yes, September 9th . So, next week you will have an event at Apple called " Surprise and Shine". Follow those events. Those days are always enjoyable. There are always a few surprises.

It's not usually from a hardware perspective, but you see something from a software perspective. Apple Pay was announced at one of these events, so we'll see if Apple has something up its sleeve.

Of course, in addition to the artificial intelligence in " Siri".

Now, John Ternos will make a lot of money. A $58 million pay package. This is in addition to Tim Cook's salary of $47 million . So, when I call for one of these people to be expelled, don't go to the comments to feel sorry for them.

They make far more money than all of us combined .

Now, foldable phones may be rare in the market. I don't think anyone doubts that. If the company introduces a new model with a different design, it is likely to generate huge sales, and in some cases, it will be scarce.

Look, in the past two years , and even last year, I think I bought my phone last year and had to wait for a while. Like a month, I think, before I got it. This is just your regular style, or whatever.

So, I suppose if they release a new design, then yes , you'll probably have to wait 30 or even 60 days to get it.

Now, the company is canceling its plans for two additional MacBook models . Currently, you can buy a MacBook with a 14-inch or 16-inch screen . There was a belief that there might be a foldable model that extended up to 18 inches.

I saw this at CES. I'm not sure if this is the design they're talking about here, but whether the sides of the phone fold or the entire screen rises up. It's actually quite amazing, depending on what you do.

You might also have a smaller screen, perhaps between 14 and 16 inches. The company keeps things limited and tight.

Apple, meanwhile, is in a holding pattern ahead of its iPhone event. Will it be able to rally strongly and set a new record, or will it face rejection? If it does , I think it will be a good buying opportunity.