Apple Unveils New iPhone Lineup Including First Foldable Model
On Wednesday, Apple (AAPL) introduced a new lineup of premium smartphones during its fall product launch event titled 'Surprise and shine.' The company unveiled the iPhone 18 Pro and Pro Max models alongside its first foldable-screen device called the iPhone Duo. Despite these innovations, Apple's stock price declined following the announcement. The event took place at Apple’s headquarters in Cupertino, California. While the new devices represent a significant design shift for the tech giant, particularly with the introduction of folding technology, market reaction was mixed as reflected by the drop in share value post-announcement.
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