Apple’s New iPhone 15 Models: Stock Decline Amid China and Pricing Concerns

Apple CEO Tim Cook Photo: Reuters/Scanpix

Although Apple has introduced its new iPhone 15 models, the stock is showing a decline this week. Shares fell mainly on concerns about how problems in China could affect future demand and production. Also, investors did not see any big surprises in the new models.

The price of the new iPhone 15 Pro Max model will start at $1,199, which is $100 more than a year ago. All models presented now use a universal USB-C charging port required by European Union regulators.

2023-09-13 06:53:41
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