Apple Stock Gains After News of Bugs in the iPhone 14 Pro Max Camera


Apple stock is gaining this morning after it was revealed that iPhone 14 Max is facing new bugs. Apple stock is currently trading at $152.94, gaining 1.5% in the intraday trading session on Monday. 

Is the newest iPhone, which also happens to be Apple’s (NASDAQ:AAPL) most expensive model, already becoming less noticeable?

This is the sentiment that is emerging from some of the first owners of the new iPhone 14 Pro Max. They have stated that a problem in the super high-end phone causes the camera on the smartphone to malfunction. When users use their cameras in applications like Instagram and TikTok, some users have reported hearing grinding sounds and having their phones start vibrating. This information was found in a story that was published in The Guardian.

It has been alleged that the optical image stabilization technology found within the iPhone 14 Pro Max is impacted by the issue. There is a motor included inside the feature, and it is used to counteract the effects that are caused by the camera shaking when it is taking images.

At a recent business event, representatives from Apple (NASDAQ:AAPL) went out of their way to brag about the innovations made in the iPhone 14 Pro, which features a “pro camera” system with the main camera that has a resolution of 48 megapixels.

The iPhone 14 Pro Max is Apple (NASDAQ:AAPL) most expensive iPhone, with an initial price tag of $1,099 and increasing to $1,599 with 1 terabyte of storage. It became available for delivery and in shops starting September 16 and is currently the company’s most expensive iPhone model.

Monday afternoon trading saw a 1.6% increase in the price of Apple (NASDAQ:AAPL) shares.

Separately, a recent report from an expert stated that demand for Apple’s (NASDAQ:AAPL) iPhone 14 would be high enough for the company to soon increase its shipment numbers.

Featured Image – Megapixl ©  Pcruciatti 

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About the author: I'm a financial journalist with more than 1.5 years of experience. I have worked for different financial companies and covered stocks listed on ASX, NYSE, NASDAQ, etc. I have a degree in marketing from Bahria University Islamabad Campus (BUIC), Pakistan.