Shares dip as Apple price hikes hit tech sentiment

Shares in Asia dipped on Friday following a strong quarter, as Apple's significant price increases highlighted the downside of surging chip demand, leading to a downturn in tech stocks. This move underscores the broader implications of rising costs for tech giants and their impact on market sentiment. The yen remained stable due to the looming threat of Japanese intervention, preventing it from hitting a 40-year low, adding another layer of complexity to the global economic landscape. This situation reflects how tech giants' pricing strategies can ripple through markets, affecting investor confidence and currency values alike.