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No blockbuster surprises: Why Apple investors are not blown away by iPhone X

Apple's shares closed volatile trading session 0.4% lower at $160.82 after rising as high as $163.96

Apple Iphone Launch


Apple's shares closed a volatile trading session 0.4 per cent lower at $160.82 after rising as high as $163.96, after it unveiled its 10th-anniversary edition of the iPhone. Apple's release date of November 3 was later than some investors had expected. The S&P 500 hit a record closing high for the second day in a row on Tuesday, with financial stocks leading the charge, but gains were stunted by a decline in Apple Inc shares after it unveiled its latest iPhone. Nasdaq also clocked a record closing high despite weakness from Apple. Investors were more comfortable ...

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First Published: Wed, September 13 2017. 09:10 IST