Apple shares slip as iPhone price hikes steal foldable’s thunder

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Apple shares slip as iPhone price hikes steal foldable’s thunder

Apple shares slipped after investors gave a muted reception to new chief executive John Ternus’s launch of the tech giant’s first foldable iPhone alongside a string of price rises. The iPhone maker entered the foldable market on Wednesday with the $1,999 (£1,480) iPhone Duo, more than seven years after Samsung first brought the format to [...]