Saturday, July 2, 2022

Apple shares fall after the launch of iPhone 12

The company’s new iPhone 12 models were unveiled on Tuesday. Apple’s iPhone 12 is the first mobile phone to run on the ultra-fast 5G network. The iPhone 12 was launched at a big event. Apple’s shares were under pressure even before the launch event. Apple’s shares fell by 2.5 percent to $ 119.65 from $ 121.27 at 7.30 pm.

Apple has launched its new iPhone 12. Apple took the wraps off the iPhone 12 series through a digital event on Tuesday. This new mobile phone of the company is equipped with an A14 Bionic chip and 5G connectivity. 

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The company’s CEO Tim Cook announced, “We are bringing 5G to our entire lineup of iPhones.” He said that this is the beginning of a new era for the iPhone. This time Apple has launched not one-two but 4 iPhones simultaneously. iPhone 12, iPhone 12 Mini, iPhone 12 Pro, and iPhone 12 Pro Max. These four mobile phones are priced between Rs.69,900 to Rs.129,900. 

In Apple’s iPhone 12 series mobile phones, the price of the iPhone 12 mini is Rs 69,900, iPhone 12 is priced at Rs 79,900, iPhone 12 Pro is priced at Rs 119,900 and iPhone 12 Pro Max is priced at Rs 129,900.

The wait of iPhone lovers for its new model is over. Apple has launched its new iPhone 12. This new phone is equipped with an A14 Bionic chip and 5G connectivity. In the box of the new iPhone, customers will not get power adapters ie chargers. A smaller iPhone 12 Mini has also been launched. iPhone 12 Mini is the smallest 5G phone in the world.

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