Dow Jones News: Apple Could Delay Fastest 5G iPhone; Boeing's 737 Max Crisis Escalates
The Dow Jones Industrial Average (DJINDICES: ^DJI) was down 0.4% at 10:30 a.m. EST Monday as relations between the U.S. and Iran soured after a U.S. airstrike killed a key Iranian general late last week.
Apple (NASDAQ: AAPL) stock was unchanged, despite an analyst predicting a delayed launch of iPhones supporting the fastest 5G technology. Shares of Boeing (NYSE: BA) weren't so lucky, tumbling on a bevy of negative reports related to the 737 Max.
The anticipated launch of an iPhone that supports 5G wireless technologies is seen by some as a key catalyst for the company this year. While iPhone sales tumbled in fiscal 2019, a 5G iPhone could reverse that trend, at least temporarily.
Source Fool.com
