A weakened economy in China could negatively impact Apple sales in the region, an analyst at Goldman Sachs wrote in a note Monday.
Among the trio is Apple's largest ever phone – the iPhone Xs Max – which features the biggest display that Apple has ever put in a phone. Many details about that new phone, including its shiny gold colour, were accidentally leaked by Apple ahead of the event. Lots more was announced, including huge updates to the Apple Watch and long-awaited new accessories.
Apple (AAPL) stock has been on an upward trend since the company announced its fiscal third-quarter results and beat earnings and revenue estimates. Last month, Apple became the first US-based company to reach a valuation of $1 trillion as per its market cap. Apple stock has risen close to 16% since the start of August and is now trading 48% above its 52-week low of $149.16 and 3.6% below its 52-week high of $229.67.