Apple (AAPL) faces growth concerns and declining demand, which could result in downward pressure on its stock price in the second quarter earnings report.

Over the past year, Apple's stock hit new lows, falling 14% year-to-date, underperforming among large tech stocks. Despite revenue growth in its services business and strong profit margins, Apple is expected to issue lower guidance for the second quarter earnings due to a soft demand environment.

Analysts are generally skeptical about Apple's long-term growth prospects, particularly amid weakening iPhone demand in the Chinese market and a lack of clear positioning in its artificial intelligence strategy.

Morgan Stanley and other analyst firms suggest buying Apple shares after the earnings report, anticipating a potential dip in stock price, especially considering the upcoming launch event for artificial intelligence products.