Connect with us

International News

Apple loses up to $81 billion in market value as shares tumble 4% post iPhone 12 launch

Published

on

Apple loses up to  billion in market value as shares tumble 4% post iPhone 12 launch

Apple stock fell as much as 4% on Tuesday as the tech giant unveiled its first slate of 5G- phones iPhone 12 range, erasing $81 billion worth of market value. The stock recovered some losses and closed down 2.7%. The tech giant revealed its first 5G-capable lineup of phones spread across four new models.

Apple’s new phones will be available in a 6.1-inch iPhone 12, 5.4-inch iPhone 12 Mini and the iPhone 12 Pro in 6.1-inch and 6.7-inch sizes, all of which support 5G. The new phones will also boast more durable screens, upgraded cameras, and a faster processor.

According to BusinessInsider, shares traded at an intraday loss before the event but slid further after the reveal began at 1 p.m.

Advertisement

At the stock’s intraday low of $119.65 per share, Apple saw $81 billion erased from its market capitalization. Apple traded at $121.97 per share as of 3:35 p.m. ET Tuesday, up roughly 67% year-to-date.

The Apple iPhone launch event adopted the usual concept of going online (for this year at least) and was recorded from the Apple Park.

The new 2020 iPhone 12 lineup includes four iPhones this time – the iPhone 12, the iPhone 12 Mini, the iPhone 12 Pro, and the iPhone 12 Pro Max – changing the number of iPhones per year henceforth.

Tap To Explore More : India Times

Advertisement

Also Read : CHARGES AGAINST SC JUDGE PUT CJI IN A SPOT

Pahalgam Attack

Man says terror suspect spoke to him day before Pahalgam attack: ‘Hindu ho kya?’

Published

on

By

Man says terror suspect spoke to him day before Pahalgam attack: ‘Hindu ho kya?’

The Pahalgam terror attack in April 2025 resulted in the deaths of 26 people, mostly tourists, in the Baisaran valley. A man from Maharashtra’s Jalna claimed that a suspected attacker spoke to him a day before the attack. The National Investigation Agency is currently investigating the incident Adarsh Raut, who recently returned from Jammu and Kashmir.

Recounted his interaction with a man at a food stall in the Baisaran Valley on April 21. The man asked him if he was a Hindu and told him that he did not look like a Kashmiri. The suspect then turned to his companion and said, “There’s less crowd today.” The Jalna resident found the conversation disturbing but did not grasp the full implication until the following.

Advertisement

Day, when terrorists killed 26 people, mostly tourists, in the same area. The incident highlights the need for increased security measures in the region and the need for a more robust security system The National Investigation Agency (NIA) has been investigating the Pahalgam terror attack, which occurred in Kashmir. The agency questioned several people, including family.

Members of victims, tourists, and pony riders, since it took over the case from the Jammu and Kashmir Police. The agency took over the case five days after the incident and four days after its team visited the attack site. Since April 23, NIA teams have been camping at the Pahalgam terror attack site and have intensified the search for evidence. The teams, overseen by an.

Inspector General, a Deputy Inspector General, and a Superintendent of Police, are examining eyewitnesses who witnessed the horrifying attack unfold before their eyes at the peaceful Baisaran valley. The NIA is also examining the phone number of the Maggi stall owner, who was unable to pay him due to network issues. Tourists are returning to Pahalgam days after.

The attack, stating that there is nothing to fear Pahalgam, Jammu & Kashmir – April 30, 2025 — A chilling account has emerged from a local resident in Pahalgam who claims that a man and several injured near the tourist hub suspected to be involved in the recent terror attack in the area had approached him a day prior and asked pointedly, “Hindu ho kya Are you Hindu?).

Advertisement

The resident, identified only as Shabbir Ahmad for security reasons, said he encountered the man while walking near the Lidder River on Sunday evening. According to Shabbir, the man—described as being in his late twenties, with a trimmed beard and wearing civilian trekking attire—struck up a casual conversation before abruptly asking about his religion.

“I told him I was Muslim, and he just nodded and walked away quietly,” Shabbir told local police, who are now investigating the possible link between this interaction and the Monday morning attack that left three tourists dead and several injured near the tourist hub of Pahalgam The incident has raised serious concerns targeted violence, particularly against.

Pilgrims and tourists visiting the Valley. Security agencies have not ruled out the possibility that the suspect was conducting reconnaissance or attempting to identify potential targets based on religious identity Senior police officials said they are reviewing CCTV footage and have circulated sketches based on eyewitness accounts, including Shabbir We are pursuing.

All leads seriously. This account is valuable and may help us track the attackers,” said Anantnag SSP Shakti Pathak The attack is the latest in a string of violence aimed at disrupting tourism and peace in the region. Security has been heightened, and have been set up around Pahalgam and adjoining routes.

Advertisement
  • Group Media Publication
  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

Continue Reading
Anyskill-ads

Facebook

Trending