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  • For now, the iPhone has been spared a price hike, but we won't be shocked if that changes when Apple announces the new entry in its flagship smartphone lineup.
  • According to Polymarket, Apple lost $268,000,000,000 in market cap following the price hike announcement.
  • As expected, the reactions are pouring in, and people are not reacting positively to the news that they will be paying more for Apple devices.

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