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Apple prices fell 1.4% after the presentation iPhone 13

During the presentation of the new iPhones, Apple shares fell 1.39% on the U.S. NASDAQ stock exchange to $146.91 apiece as of 9:19 p.m. Moscow time. The stock lost 2.97 percent from today’s highs.

Analysts at Bernstein Investment Company noted that every year Apple stock rose in price on positive expectations from the presentation and then declined.

This year Apple introduced the iPhone 13, Apple Watch Series 7, iPad with A13 Bionic processor and iPad Mini with 8.3-inch diagonal.

The new iPhone 13 got two redesigned cameras located diagonally (in the previous version they were one above the other), the A15 Bionic processor and a 5G modem, which added new frequency bands, allowing for faster data transfer rates.

Earlier Inc. India wrote that the iPhone 13 could feature a modem that would allow users to make calls and send messages without having to connect to a 4G or 5G cellular network, but this update did not appear in the iPhone 13.

Amar Rupinder Gupta

Indian analyst in the field of trading in the forks and binary options markets. Writing about the successes and failures of banks, investment companies, and major traders. Stories about fraudulent schemes in investing and market news. Lessons in investing and portfolio management. Graduated from ICFAI University.

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