Apple Unveils Its First Foldable iPhone
On September 9, 2026, Apple introduced its first foldable iPhone alongside two premium models: the iPhone 18 Pro and iPhone 18 Pro Max. The foldable model is expected to feature a large internal display, advanced A20 Pro chip, and high-end pricing between $1,999 and $2,399 with limited supply initially available. Historically, Apple's stock has shown mixed short-term reactions on iPhone launch days, typically declining slightly but rebounding the following day. Over a 60-day period post-launch, AAPL has generally trended upward, including notable gains like a 20% rise after the iPhone 11 release in 2019. Apple's influence extends beyond its stock to numerous ETFs due to its significant weightings across major indices. Funds such as FTEC and VGT hold substantial Apple exposure (over 15%), while broader market funds like QQQ also reflect meaningful impacts from AAPL’s performance.
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