AAPL Holds Near $323.06 Support Amid Anticipation for Premium iPhone Duo Foldable
Apple's stock price has been trading in a positive range for the session, reaching $332.82 and remaining above its key moving averages.
This indicates ongoing buying interest in short- and medium-term timeframes, according to tradersunion.com.
The recent launch of the $2,000 iPhone Duo foldable smartphone is expected to boost average selling prices and profit margins for Apple.
As Apple prepares to release its fiscal Q4 2026 earnings under new CEO John Ternus, investors are anticipating a shift in leadership direction and forward guidance.