Apple shares fell by 3% after the launch of the iPhone Air, amid investor concerns about the lack of innovations and the impact of Trump's tariffs.
Călin Nicolescu
Economy
Foto Credit: Jakub Porzycki/NurPhoto / Shutterstock Editorial / Profimedia
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Although the iPhone Air is the thinnest model in Apple’s history, investors are concerned about the lack of significant innovations and the effects of tariffs imposed by the Trump administration on the company's profits. Apple shares have dropped by over 3%, and experts are doubtful about the battery life. The company is facing a stagnation of its shares, while rivals like Microsoft and Nvidia have seen significant growth. The iPhone Air, with a design inspired by the MacBook Air, has a price of $999 and uses only eSIM, which could limit sales in certain markets.
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