New iPhone strategy trips Apple

Company’s shares dip 5.4% after two devices fail to impress

Posted: September 12, 2013 at 3:25 a.m.

A journalist holds up an Apple Inc. iPhone 5S during a media event in Beijing on Wednesday.

Apple Inc. shares fell the most in almost five months Wednesday after the company unveiled two iPhones that were criticized by analysts as lacking enough new features or a sufficiently low price to attract a broad range of new customers.

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Business, Pages 23 on 09/12/2013


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