Apple is set to unveil the iPhone 15 in September, despite a recent dip in smartphone demand. The new smartphone will come with significant camera upgrades and an A16 chip, previously exclusive to the iPhone 14 Pro line, and will be built with titanium edges.
Despite admitting to a dip in smartphone demand during last week’s earnings call,will feature significant camera upgrades and an A16 chip, previously exclusive to the iPhone 14 Pro line, while reportedly being built with titanium edges. Apple also expects to increase prices with the new iPhone’s use of premium titanium and advanced camera system.Meanwhile, the pro model will showcase thinner borders around the display and a USB-C charging port.
The company said iPhone sales were down last week, and now Apple shareholders are feeling it on Wall Street with the stock losing roughly 5.3% the last month. Also on Thursday, Apple’s board of directors declared a cash dividend of $0.24 per share on common stock payable on Aug. 17, 2023, to shareholders of record at the close of business on Aug. 14, 2023.
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