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Apple's Foldable iPhone Duo Sends Shockwaves Through Wall Street

Guavy AI Editorial Team
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AAPL
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Apple's stock price has surged following the unveiling of its first foldable iPhone, the Duo, and new AI-focused iPhone models.

The stock opened at $327.46 and climbed as high as $336.22, with a wide trading range after the prior close at $326.57.

Analysts are divided on Apple's pricing strategy, with some firms maintaining a positive outlook despite concerns over lower-than-expected iPhone prices that could support unit sales but pressure gross margins.

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