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The stock shed about 6% in 2018, dragged down by poor reception to the iPhone 10 line-up launched in the year, the broader market downturn and simmering U.S.-China trade tensions.

The stock lost about 10% in a single session Jan. 3 before taking off on a strong rally that was interrupted by a short downtrend that began in early May and lasted about a month through June 3.

“With the stronger-than-anticipated initial sales for the launch of this year’s iPhone lineup, we believe the September quarter results could come in at the high end of guidance,” Canaccord Genuity analyst Michael Walkley said in a recent note.

Apple is transforming into a Services company, a move that’s expected to cushion any potential downside stemming from product weakness.