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Stock impact report

Iran lifts its ban on imports of new iPhone models in place since last year [Yahoo! Finance]

Nokia Corporation Sponsored American Depositary Shares (NOK) 
Last nokia corporation sponsored american depositary shares earnings: 4/30 01:00 am Check Earnings Report
US:NYSE Investor Relations: nokia.com/en_int/investors
Company Research Source: Yahoo! Finance
The ban on new iPhone models had been in place since 2023 but now, the country's telecommunications minister said authorities are allowing the registration of the new models. The minister, Satar Hashemi, said on X that the problem of registering new iPhone models on the Iranian market was “solved” and that Iran's President Masoud Pezeshkian backed the efforts of the communication ministry toward that goal. Hashemi did not elaborate but said the import measures would be announced, soon. Following the 2023 ban, iPhone 13 and older versions could still be imported amid high demand for an item that remains a status symbol for many young Iranians. While the ban was in place, any iPhone 14, 15 or a newer model brought into Iran would stop working on Iran's state-controlled mobile phone networks after one month, the time span for tourists allowed to visit the county. The ban spurred a parallel economy for the older handsets, jacking up prices for the devices as many sought to put Show less Read more
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