Apple has just disclosed its new iPhone 12 series. Subsequently, they had to face a downfall of more than 5%. This occurred at a phase of the following hour’s trade. Apple’s stock market price saw a significant downfall of around 100 billion U.S dollars. It is a tradition of the company to launch its new device in the market in September.
However, due to the current situation due to the pandemic they had agreed to postpone the launch by a month. This is what caused the downfall.
The demand in the market for Macs and Airpods is extremely high presently which has been helping the company to make profits more than they expected.
The deals of smartphones went down by 20.7% which brought it to a total of 26.4 billion USD.
iPhone 12’S SALE
However, the new iPhone series is extremely astounding, the company has raised the bars set by themselves.
Furthermore, the company has got a fair response to their products and the services provided by them. The CEO of the company stated that 5G technology is extremely crucial for them and they have launched the product just on time.
The sales of the product on the initial five days were very high and they are very optimistic about the growth in the Chinese nation. The new iPhone series has been a blast in the market as many customers have given thumbs up to the new device.
The device comes with an astonishing camera. Those who love to click pictures would be extremely happy to have such a great Smartphone. This new iPhone 12 series is embedded with the latest A14 Bionic chipset. These latest Apple Smartphones have a long-lasting battery life unlike the previous models such as iPhone 11.
The layout of the phone is indistinguishable from the iPhone 5s, 4s, and 5 SE. It has a flat display and even the edges are flat unlike iPhone 8, 6s. It makes the phone look very outstanding.
The phones are incredibly nice. One who wishes to purchase the same must not hesitate. You will not regret the decision as Apple never disappoints its customers.
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