Apple Inc. is launching a series of new and updated products this week, but investors remain skeptical about whether these releases will be enough to revive its stagnant stock price. The tech giant is set to unveil a range of smart-home products on Tuesday, including an Apple doorbell and a thermostat, according to a Bloomberg News report. Later in the month, the company plans to introduce a touchscreen MacBook and a new iPad mini, followed by pre-orders for the foldable iPhone Duo on Friday.
The iPhone Duo marks the most significant design overhaul in the history of Apple’s flagship product, but its high price tag has raised concerns about consumer demand. Despite these new offerings, Apple’s stock has largely remained flat over the past few months, making it one of the most expensive stocks in the market. Investors are waiting to see if the latest innovations will translate into stronger sales and a boost in share value.