Apple Stock Slumps Amid Foldable Phone Frenzy
Apple's stock price has taken a hit, falling by 1.21% to close at CA$312.39 amid growing competition and rising prices.
The tech giant is facing increasing pressure as competitors like Samsung and Huawei gain ground in the foldable smartphone market.
One of the main concerns for Apple is the impact of its recent price increases, which could erode consumer demand and profit margins.