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Today marks the beginning of a new era for the iPhone, says Apple CEO Tim Cook when he announced the company’s latest device in a live stream.
In the month before the launch, Apple shares were up nine percent but fell more than 2.6 percent when the stock market closed.
CNBC has calculated that participation falls on average a small percentage on launch days, but increases on average more than 10 percent on the following days.
Mixed on Wall Street
Bad news about vaccines from the giant Johnson & Johnson and a breakdown in negotiations on a new US crisis package, closes Wall Street with a fall in two of the main indices.
However, the Nasdaq Tech Index closed 0.3 percent higher.
The Dow Jones closed 0.45 percent lower.
The S&P 500 closes 0.39 percent lower
Johnson & Johnson announced Monday that they are pausing clinical trials of their coronary vaccine. The shares fell more than two percent on Tuesday.
Republicans and Democrats have yet to agree on a new crisis package, which also contributed to a fall in Wall Street indices for the first time in four days.
Nasdaq-topp
The Nasdaq is within two percent of reaching its peak in September, but investors are bracing for an imminent slide. Type Marketwatch.
In a note, head of analytics at investment firm Sentimen Trader, Jason Goepfert, writes that anti-market bets are coming soon.
Since the fall of the crown in March, the Nasdaq has risen 72 percent.
A bet against a market, or a stock, is often called “short.” Being short, or short, means making money from falling stocks.
5g limited coverage
The launch is considered the biggest iPhone event in several years. IPhone users are promised ultra-fast internet connection with Apple’s new 5g phone.
Telecommunications provider Verizon is Apple’s partner in the 5g network.
– We are introducing 5g in the entire collection of new Iphone models, says Cook.
However, not everyone can use 5g technology on their phones, as 5g networks are not everywhere, writes CNBC.
The company says that the new smartphone has a scratch-resistant screen.
Apple praises crowning measures: won’t go back to ‘the way we were’
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Several models
The company will launch the new smartphone just before the busiest shopping season and expectations are very high.
In a Norwegian press release, Apple writes that the new products will cost between 8,990 and 13,990 crowns. Apple launches four models: iPhone 12 mini, iPhone 12, iPhone 12 Pro and iPhone 12 Pro Max.
A year has passed since the iPhone 11 was released.
In addition to the new phone, Apple also released a new smart speaker, the Homepod mini, which will cost $ 99 each.
More than 2.5 million people follow the launch on YouTube.
Apple has long been the world’s highest valued publicly traded company, with a market value of more than NOK 2.1 billion. This is more than double that of March / April this year, when fear of the crown also reduced the textile sector for a time.(Terms)Copyright Dagens Næringsliv AS and / or our suppliers. We would like you to share our cases via a link, which leads directly to our pages. Copying or other use of all or part of the content may only be made with written permission or as permitted by law. For more terms, see here.
