Apple shares fall after unveiling foldable iPhone Duo for ₹3 lakh

Apple shares came under pressure after the company unveiled its first foldable smartphone, iPhone Duo, starting at ₹2,99,900, alongside iPhone 18 Pro and 18 Pro Max on Wednesday. The shares fell nearly 3% to touch a low of $309.90. The muted market response suggested investors may have already priced in significant optimism around new product cycle and foldable iPhone.