Apple investors are betting that a faster connection speed will spur demand for the new iPhone
Apple Inc. later Tuesday is expected to reveal its latest iPhone, a device capable of connecting to a much faster 5G cellular network, which investors are betting will spur strong demand.
The latest smartphone arrives five years after iPhone unit sales peaked. Chief Executive Tim Cook has pushed the company to sell more-expensive versions of the device and rely on software services and wearable devices, such as smartwatches and headphones, to boost revenue.
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