Apple Stock News: New (Red) iPhone

Apple Stock News

For the latest Apple Stock News, AAPL closed at $141.42 on Wednesday, March 22, 2017. It had a gain of 1.13% from its previous close of $139.84 per share.

Apple Stock News

(Source: Apple)

On March 21, Apple announced a new iPhone 7 and iPhone 7 Plus model in bright red, in recognition of Apple’s 10 year partnership with (PRODUCT)RED. This will give customers a way to contribute to the Global Fund, helping people who are affected by HIV/AIDS.

(RED)’s work provides access to life-saving HIV/AIDS programs in sub-Saharan Africa, where two thirds of the world’s HIV-positive population live. All of the money raised by (RED) goes directly to Global Fund HIV/AIDS programs.

Tim Cook, CEO of Apple, says “Since we began working with (RED) 10 years ago, our customers have made a significant impact in fighting the spread of AIDS through the purchase of our products, from the original iPod nano (PRODUCT)RED Special Edition all the way to today’s lineup of Beats products and accessories for iPhone, iPad and Apple Watch.”

Not only will this new model be sleek red, but will also be packed with the most advanced iPhone features. This includes water and dust resistance, an advancement in camera and speakers, and a longer battery life.

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