Apple iPhone 7 not a game changer: analysts

The new iPhone, which features a high-resolution camera and the option of a jet-black glossy finish but notably lacks the traditional analog headphone jack, is not revolutionary, analysts said. Apple shares, which closed up 0.6 percent on Wednesday when the new phones were launched, were down more than 2 percent at $106.04 in morning trading on Thursday. The iPhone 7 is priced at $649, the same as its predecessor, the 6s.