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Apple Jumps as $1,999 Foldable iPhone Duo Drives Bullish Sentiment

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The Story

News Summary

  • Apple shares surged nearly 3% following the debut of its $1,999 foldable iPhone Duo, priced below market expectations to drive mass adoption.
  • Wall Street reacted favorably to potential upgrade volume and AI enhancements, though some analysts cautioned about near-term margin pressure from elevated memory costs.
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AAPL price history

332.27 +20.29% over the displayed period

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