Apple shares are trading lower following the company's event and new product announcements. The iPhone 16 Pro will start at $999 and will be available for pre order on Sept. 13.
Portfolio Pulse from Benzinga Newsdesk
Apple shares are trading lower after the company's event and new product announcements, including the iPhone 16 Pro, which will start at $999 and be available for pre-order on September 13.
September 09, 2024 | 6:39 pm
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Apple shares are trading lower after the announcement of the iPhone 16 Pro, which will be priced at $999 and available for pre-order on September 13.
The decline in Apple shares suggests that investors may have been expecting more from the product announcements or are concerned about the pricing strategy. The iPhone 16 Pro's price point and pre-order date are key details, but the immediate market reaction is negative.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100