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Apple hopes to buck a trend of slow sales since the iPhone 6s.
Stocks

Japan's Apple suppliers cannot bank on iPhone 'supercycle' yet

Strong yen among factors weighing on parts makers' shares

| Japan

TOKYO -- Although the buzz around the 10th anniversary iPhone has sent Apple's stock to a record high, such enthusiasm has not translated into comparable gains for many Japanese parts suppliers, which increasingly rely on business from the American giant's Chinese rivals.

The new iPhone model to be unveiled Tuesday will feature an organic light-emitting diode display and other high-tech upgrades. Apple's stock has retreated somewhat from its high earlier this month but was still trading above $160 ahead of the announcement.

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