Apple's share price falls after iPhone 15 launch. What's driving investor concerns?
By Beansprout  •  November 13, 2023

What happened?

Many excited Apple fans were queuing to get their hands on the latest product at the iPhone 15 launch on 22 September. Source: Apple Indeed, Apple has revolutionized the smartphone world (and our world) since the launch of its first generation iPhone in 2007.  Fast forward to 2023, Apple has enabled our lives with IMac, Apple TV, Apple Music, Airpods. Apple’s share price has done well with a positive return of more than 50% year-to-date. However, the share price of Apple fell slightly after the iPhone 15 launch.  Let us dive deeper to find out if Apple is still a good stock to own. apple aapl share price nov 2023

What you need to know about Apple’s share price

#1 - Lower-end iPhone 15 more popular than higher end one

First, we take a look at the demand and sales of iPhone following its launch by looking at global delivery lead times. ...
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By Beansprout
Hi, I’m Gerald! I have been working in investment analysis for more than 12 years. Often, I encounter everyday investors who find it difficult to invest. At Beansprout, we believe that with the right tools and knowledge, everyone can be an investor. Hence, we founded Beansprout to make quality investment insights more accessible. We hope that you can join us on this journey to grow your financial knowledge and confidence as an investor.

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