As global demand for smartphones hits a slow patch, iphone maker Apple (AAPL) will be pushing the limits on the prices consumers will pay for premium iPhones, writes Aaron Tilley, for the Wall Street Journal. Apple is seen boosting prices, in a move to “drive revenue..by as much as $100 for some updated models of its flagship device when it unveils the iPhone 15 at an annual promotional event set for Tuesday,” added the Journal, citing analysts. Other companies in the smartphone space include Jabil (JBL), Qualcomm (QCOM), Samsung (SSNLF) and Alphabet (GOOG, GOOGL).
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