The iPhone 14, iPhone 14 Pro and iPhone 14 Pro Max are displayed at the Apple Fifth Avenue store, in Manhattan, New York City U.S. September 16, 2022. Analysts said iPhone 14's Pro and Pro Max versions were selling at a brisk pace, although demand for the base model, typically Apple's best seller, was underwhelming. Apart from satellite connectivity and crash detection features, the iPhone 14 model looks and feels similar to its previous iteration, although it sells for $100 more at $799 for the base version. Prospective iPhone 14 buyers may opt for iPhone 13, given the hefty discount on the older model, said Abhilash Kumar of data research firm Strategy Analytics. Shares of Apple suppliers Qualcomm (QCOM.O), Taiwan Semiconductor , STMicroelectronics , Infineon (IFXGn.DE) and ASML (ASML.AS) were also trading lower on the news.

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