Samsung stock plunges as Apple enters foldables: is its seven-year lead at risk

Samsung Electronics stock fell on Thursday after Apple finally entered a smartphone category Samsung has spent seven years developing. Apple unveiled its first foldable iPhone, the $1,999 iPhone Duo, on Wednesday, putting Apple directly against Samsung's Galaxy Fold line.

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Source: Invezz

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Category Stock

Source Invezz

Published 1 week ago

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News ID #15,703

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