By Christiana Sciaudone
Investing.com -- Apple will introduce its newest iPhones on Sept. 15.
The annual event is expected to announce a new Apple Watch and four new iPhone models, including two cheaper units, according to The Verge. All of the devices should feature OLED panels and 5G support. An updated iPad Air is also likely to be introduced.
Apple shares (NASDAQ: AAPL ) are down more than 3% as tech stocks lose their luster -- at least for the time being. The stock hit an all-time high on Sept. 1, and last month shares rallied to make Apple the first U.S. company to hit a market value of $2 trillion.
Analysts still love the company, which has 25 buy ratings, eight holds and two sells.
Add Chart to Comment
We encourage you to use comments to engage with users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
- Enrich the conversation
- Stay focused and on track. Only post material that’s relevant to the topic being discussed.
- Be respectful. Even negative opinions can be framed positively and diplomatically.
- Use standard writing style. Include punctuation and upper and lower cases.
- NOTE: Spam and/or promotional messages and links within a comment will be removed
- Avoid profanity, slander or personal attacks directed at an author or another user.
- Don’t Monopolize the Conversation. We appreciate passion and conviction, but we also believe strongly in giving everyone a chance to air their thoughts. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
- Only English comments will be allowed.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.