By Christiana Sciaudone
Investing.com — Apple will introduce its newest iPhones on Sept. 15.
The annual event is expected to announce a new Apple Watch and four new iPhone models, including two cheaper units, according to The Verge. All of the devices should feature OLED panels and 5G support. An updated iPad Air is also likely to be introduced.
Apple shares (NASDAQ:) are down more than 3% as tech stocks lose their luster — at least for the time being. The stock hit an all-time high on Sept. 1, and last month shares rallied to make Apple the first U.S. company to hit a market value of $2 trillion.
Analysts still love the company, which has 25 buy ratings, eight holds and two sells.
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