Investors’ enthusiasm for Apple shares failed to materialize.
(Photo: Bloomberg)
New York, Düsseldorf Apple has introduced its new iPhone 15. However, the US company was unable to reverse the negative mood on the stock market. Apple shares lost 1.7 percent on Tuesday and also started on Wednesday weaker in trade. Compared to its record high in mid-July, it has lost more than ten percent of its value.
This was triggered by media reports that Chinese government officials and employees of state-owned companies are allegedly no longer allowed to use iPhones while on duty. This week there are also reports of success from competitor Huawei and an impending iPhone recall in France.
In the past, however, such price losses have always been buying opportunities. After all, Apple is the company with the largest market value. Over the course of ten years, the share price has increased tenfold. But will this development continue? So is now a good time to buy Apple shares? Analysts argue about the prospects.
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