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Apple shares lower on Wall Street ahead of new iPhone

Apple shares lower on Wall Street ahead of new iPhone


Apple fell slightly on the stock exchanges in New York on Monday. The tech company is expected to present the new iPhone 16 later in the day. The iPhone is still by far Apple’s most important product. The latest smartwatch models are also likely to be unveiled during the annual event at the headquarters in Cupertino, California. Investors are mainly curious whether the new products can boost the tech company’s sales. The share fell 0.2 percent.

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