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Apple Stock Tests Key Support as iPhone Duo Launch Puts $318.64 Back in Focus

Apple Stock Tests Key Support as iPhone Duo Launch Puts $318.64 Back in Focus

TradingKey – Apple begins trading on Thursday, September 10 at $315.34 with a verified closing price of $315.34 on Wednesday, September 9, down about 0.28% from the $316.22 previous close, and almost exactly matching the $315.43 chart print. The stock is holding just above the support band of approximately $312.56 to $308.36 having pulled back from the $328.79 area. Fundamentally, the new catalyst is the announcement of Apple’s first foldable iPhone (priced at $1,999) along with news of a $1,199 iPhone 18 Pro starting price and efforts to integrate Apple Intelligence more broadly across its product line. The constraints on supply and costs of components are limiting how quickly Apple can monetize a strong demand for its hardware.

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