Apple Stock Falls After iPhone 17 Reveal
Apple stock actually dropped 1.5% on Tuesday after the company held its “Awe Dropping” event, where they unveiled the iPhone 17 lineup. The Apple stock price today reflected investor disappointment since the new devices were seen as incremental upgrades rather than revolutionary breakthroughs. AAPL stock news today has been focused on concerns that the iPhone 17 launch didn’t deliver the innovation that was needed to drive significant upgrade cycles, and this is happening right now when competition in the smartphone market is getting more intense. Apple stock chart showing 1.48% decline to $234.35 – Source: Google Finance Apple Stock Price Today And AAPL News After iPhone Launch iPhone 17 in multiple color options displayed in a fan arrangement – Source: Apple The market reaction was actually pretty swift as Apple stock got pushed down to $234.35. Wall Street analysts have been expressing skepticism about the new lineup’s ability to drive meaningful ...