Apple shares fall on reports of China iPhone restrictions

Apple shares fell sharply for a second straight session Thursday following reports of significant Chinese restrictions on iPhones at government offices and state-backed entities.Shares fell 3.6 percent on Wednesday after a Wall Street Journal report that China barred the use of Apple smartphones in central government agencies.

What to expect from Apple’s iPhone 15 event

The iPhone 15 event will take place on September 12th, 2023, at 1PM ET / 10AM PT. As shown in the invite sent out by Apple, the company has named the event “Wonderlust.” It will take place live from Apple Park in Cupertino, California.