Apple’s $430 Billion Rally Faces Scrutiny of Product Unveiling

Investors expecting Apple Inc.’s biggestproduct event of the year to serve as the next catalyst for its recently-revived stock are likely to come away disappointed.

After posting the best month in more than a year in August on relief from President Donald Trump’s tariffs, Apple shares have continued to rise with another 3.3% advance last week in the wake of an antitrust ruling that allowed the iPhone maker to continue receiving billions of dollars in Alphabet search payments.

Shares fell 0.8% on Monday.

Barring a surprise at Tuesday’s unveiling, Apple shares are seen to have little room ...