"In relation to the set up into earnings, we envision nuances stemming from September (F4Q23) results tracking in line with lowered buy-side expectations, even if modestly lower than sell-side consensus." — Analyst Samik Chatterjee

Read More J.P. Morgan expects Apple's September results to be better than feared

"China’s surprise investigation into Apple supplier Foxconn, a key link in the iPhone supply chain, may be intended to send a message. The one Apple and its suppliers actually receive might do China more harm than good."

Read More If Apple and its suppliers aren’t safe in China, who is?

Interestingly, the consumers polled in the US expressed greater interest in purchasing a new iPhone in 2023 relative to 2022, while consumers polled in China expressed less interest when compared to a year ago. — Analyst Samik Chatterjee

Read More J.P. Morgan survey: U.S. craving for new iPhones stronger — even among Android owners