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Apple loses up to $81 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. 

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