Apple’s new iPhone X will cost $999 but will not ship until November, it said at an event on Tuesday, testing both the patience and price sensitivity of its customers.
The complexity of manufacturing new kinds of screens and cameras inside what analysts called its “super premium” new iPhone is likely to be behind the delayed launch. Normally, iPhones go on sale at the end of September.
Shares in the world’s most valuable company slid by 1 per cent as the later-than-expected launch was announced.
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