Apple Inc. AAPL 2.2% investors are awaiting the company’s highly-anticipated event this week and hoping that Tim Cook will surprise the world with a market-moving announcement. It’s widely speculated that the company will unveil the newest iPhone model this week, but many experts are becoming increasingly skeptical of the iPhone’s ability to move Apple’s share price.

iPhone Complacency

At this point, it seems that a large part of the world has been lulled into complacency when it comes to the iPhone. The incremental improvements from model to model don’t generate the same type of excitement and buzz that they used to. In fact, fears about iPhone demand weakness in China are mostly to blame for Apple’s recent dip from all-time highs of above $130 per share to below $95 per share during the height of the China fears.

The Numbers

The iPhone is…

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