Apple's stock price faced downward pressure on Wednesday after the tech giant introduced its inaugural foldable device, the iPhone Duo, with a base price of ₹2,99,900. The launch also included the iPhone 18 Pro and 18 Pro Max. Following the announcement, Apple shares dropped by almost 3%, reaching a low of $309.90. This lukewarm reaction from the market indicates that investors might have already factored in high expectations for the latest product lineup and the foldable model.

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