Apple is trading 3.15% up at CA$45.80 after investors continued digesting the September 9 launch of the iPhone 18 Pro and Apple’s first foldable iPhone Duo.
- The event introduced a premium product category; Pro pricing rose $100 on higher memory costs.
- Reuters confirmed the product and pricing changes.
- The company-specific catalyst faces a headwind from weaker technology-sector and broader-market conditions linked to inflation concerns; investors assess elevated inflation and interest-rate risks.