Tech

APPLE lost over $50 billion in market value after the introduction of the iPhone 17 series

APPLE lost over $50 billion in market value after the introduction of the iPhone

Apple lost over $50 billion in market value after the introduction of the iPhone 17.

Shares fell 1.48% after the September 9 event, reducing the company's value from $3.53 trillion to $3.48 trillion.

Experts say such declines often occur after launches and do not indicate long-term weakness for Apple.