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Apple Eyes Margin Boost Ahead of Key Hardware Launch Event

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The Story

News Summary

  • Apple faces retail promotions in India for its iPhone while preparing for a major September 9 launch event.
  • Analysts anticipate a potential foldable iPhone unveiling that could elevate average selling prices and expand margins, despite consumer electronics industry headwinds from rising memory chip costs.
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AAPL price history

332.27 +20.75% over the displayed period

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