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Apple shares slip as Citi flags $2,000 foldable iPhone

Apple (AAPL) shares edged lower ahead of its iPhone launch event next week on September 9. Citi expects the foldable iPhone Ultra to cost at least $2,000.

AAPL

Apple (AAPL) shares edged lower in early morning trade on Friday ahead of its iPhone launch event next week on September 9, with Citi expecting the company’s new foldable iPhone Ultra to cost at least $2,000.In a note to investors cited by Investing, Citi Apple analyst Atif Malik said the company i…