Apple plunges over 3% after unveiling new iPhones

Tuesday, 13. October 2020 20:11

Shares of Apple tumbled over 3% on Tuesday following the announcing of the company's new line of smartphones that support 5G.

At its virtual event, the Cupertino-based tech giant unveiled the iPhone 12, 12 Pro and 12 Pro Max devices, all of which feature Apple's new A14 Bionic chip and improved cameras.

Apple dropped 3.31% to $120.298 per share at 2:12 pm ET.

Related Links: Apple Inc.
Breaking the News / JC