Apple stock has often risen after iPhone launches. Here’s what history shows about Apple shares after the iPhone 18 launch, AI, prices and foldable demand.
History shows: An iPhone launch is usually followed by a stock rally. Apple is likely to unveil its first foldable iPhone today, which could cost more than $2,000. Investors will be watching to see whether the new flagship model can justify the higher price tag as more expensive memory chips put pressure on Apple's profitability. Apple, Tim Cook, Stock, Artificial Intelligence.
(Dan Tri Newspaper) - Although Apple stock often faces selling pressure from profit-taking as soon as a new iPhone is unveiled, historical data shows that Apple stock always has a high probability of recovering and surging strongly in the 60 days following the event.