AAPL Slips After iPhone 18 Launch Amid Cautious Investor Reactions
Apple's stock price slipped following its latest iPhone 18 launch event, despite introducing new AI features and models. The company unveiled an updated Siri AI experience with deeper app integration across more than 300,000 applications.
The iPhone 18 Pro lineup includes a record-breaking $3,199 price tag for the highest-end configuration, setting a new high for mass-market smartphones.
Investors are cautious about whether Apple's AI features will drive stronger growth and encourage users to upgrade devices. The stock remains in a short-term consolidation phase after failing to break above the $318.00 resistance area.
AAPL is currently trading around $315.40, with key support levels at $314.00 and $310.00. A bullish scenario could emerge if Apple holds above $314.00 and breaks back above $316.00, $318.00, while a bearish scenario would signal further selling pressure.