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Apple Stock Rallies as Analysts Cheer $1,999 Foldable iPhone Duo Launch

CNBC TV18 Read original source (opens in a new tab)
The Story

News Summary

  • Wall Street praised Apple's new foldable iPhone Duo, priced attractively at $1,999, below expectations and undercutting Samsung.
  • Despite some analyst concerns over the small total market for foldables, major brokerages raised price targets on anticipated market share gains and integrated Apple Intelligence upgrades.
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AAPL price history

332.27 +20.75% over the displayed period

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