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Apple Gains as iPhone Price Hikes and Foldable Duo Offset Cost Concerns

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The Story

News Summary

  • Apple shares rose following its product event featuring the new foldable iPhone Duo and price increases on Pro models.
  • While UBS kept a Neutral rating citing memory costs, other firms like Bank of America maintained Buy ratings, reflecting optimism for higher average selling prices.
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AAPL price history

332.27 +20.75% over the displayed period

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