Apple stock slips after “Awe-Dropping” iPhone 17 event as Wall Street unimpressed with incremental upgrades

Wait 5 sec.

Apple Inc. (NASDAQ: AAPL) trading at $237.31 on Tuesday, down 0.24%, as Wall Street investors appeared underwhelmed by the company’s highly publicized iPhone 17 reveal. Despite a packed product lineup featuring upgraded Apple Watch models and the much-hyped new AirPods with real-time translation, traders signaled concern that the announcements did not offer the kind of breakthrough innovation needed to fuel the next leg of Apple’s stock rally.