Apple’s stock value dropped by 1.47% on global financial markets shortly after the unveiling of the iPhone 16, according to stock market indices.
Following the introduction of the phone’s new features, including support for neural networks, Apple shares dropped.
On Monday, the United States (U.S.) tech giant Apple presented its latest flagship product, the iPhone 16, with CEO Tim Cook announcing that the phone was built “from the ground up” for artificial intelligence (AI).
During the presentation, the company noted that the iPhone 16 and iPhone 16 Plus would come in new colors and feature a customizable action button, previously available only on higher-end “pro” models.
The phone also boasts a more powerful chip and a new camera control button, allowing users to take photos and access camera features more easily.
Earlier reports indicated that customers were widely complaining about the new Apple Vision Pro virtual reality headset, citing issues such as headaches, dizziness, redness, and dry eyes.
