'Never underestimate Apple': Managers continue to back tech giant

Despite late iPhone X launch

Apple shares fell as much as 2.5% in intra-day trading
Apple shares fell as much as 2.5% in intra-day trading
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Fund managers have spoken out in favour of tech giant Apple despite the announcement it would be launching its much-anticipated iPhone X later than expected, which caused a 2.5% fall in intra-day trading on Tuesday.

While Tim Cook, CEO of Apple, said this model would be the "biggest leap" forward since the original iPhone, investors paid more attention to the launch date, which was set for November 3 in an unprecedented...

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