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Apple Stock Falls On iPhone 18 Launch

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Consumer electronics giant Apple (AAPL) on Wednesday introduced a refreshed lineup of premium smartphones, the iPhone 18 Pro and Pro Max. But Apple stock slid. The company held its fall product launch event, dubbed “Surprise and shine,” at its Cupertino, Calif., headquarters. The event was the first to be led by new Chief Executive John Ternus, who replaced retiring CEO…

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