Apple (AAPL) Launches iPhone 17 Amid Market Skepticism
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Apple unveiled its iPhone 17 lineup during its annual launch event, featuring upgrades like a 48-megapixel fusion camera and an in-house N1 chip. Pre-orders open tomorrow, with discounts up to $1,100. Despite fan enthusiasm, shares fell 6% as analysts criticized the lack of groundbreaking AI integration or innovation.
The stock decline reflects broader market concerns over Apple's ability to reignite its 'wow' factor. Meanwhile, the shift to in-house silicon signals a strategic decoupling from suppliers like Broadcom (AVGO).
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