AUS
NZ
UK
CA
USA
FRA
GER
ESP
ITA
NLD
PRT
SWE
GRC
IND
POL
BRA
ZAF
RUS
CHN
UAE
Highlights
- Apple Inc. (NASDAQ:AAPL) unveiled its iPhone 13 series, iPad, and Watch Series 7 on Tuesday.
- The stock closed at US$148.18 on Sep 14.
- Apple stock gained around 16% YTD.
Apple Inc. (NASDAQ:AAPL) on Tuesday unveiled the most anticipated iPhone 13 series, iPad, and Watch Series 7 during a special event attended by CEO Tim Cook and other top executives.
Here are some key product features and prices.
iPhone 13 & iPhone 13 Mini
The new iPhone 13 has a strong battery capacity with an advanced dual-camera system. The phone has a new chip called the A15 Bionic that makes the camera smarter. For instance, it has an autodetection feature and the cinematic mode to create videos.
The iPhone 13 with a 6.1-inch screen and Super Retina XDR display is priced at US$799, while the iPhone Mini is priced at US$699 with a 5.4-inch screen. These are available in five colors.
Also Read: 7 fintech stocks to watch as demand for on-the-go services grows
Source - pixabay
Also Read: Five utility stocks catching the attention of investors
iPhone 13 Pro and iPhone 13 Pro Max
The iPhone 13 Pro has a 6.1-inch screen. Both the iPhone 13 Pro and iPhone 13 Pro Max have the advanced camera and video-making features. The phones also have a Super Retina XDR display with ProMotion, which has a faster refresh rate of 120Hz.
These models will come in four colors, and delivery will start on September 24.
The iPhone 13 Pro is priced at US$999, and the iPhone Pro Max will cost US$1,099. The phone memories can be increased up to one terabyte. For additional memory, the iPhone Pro Max will cost US$1,599 compared to the price of US$1,399 for the last year’s version.
Also Read: Top five biotechnology stocks to explore that are under US$100
iPad and iPad Mini
The iPad is priced at US$329, and the iPad Mini is priced at US$499. The iPad tablet has a 10.2-inch Retina display with True Tone and a wide front camera.
The iPad will support Apple Pencil (1st generation) and Smart Keyboard, and it comes with a storage capacity of more than double the previous generation phones. The iPad Mini is powered by the A15 Bionic chip for fast performance. It supports Apple Pencil (2nd generation).
Also Read: Five blue-chip stocks that gave more than 19% YTD returns
Watch Series 7
The new version of smartwatches has a large screen with soft corners. The smartwatch has fast-charging capability and is priced at US$399. It will be available in the autumn.
Apple is offering a three-month free service with the watch. It has a paid service called ‘Apple Fitness+,’ which is only available for the watch.
Also Read: Will these 5 travel stocks survive as Delta variant saps confidence?
Apple Inc. (NASDAQ:AAPL) stock closed at US$148.18, up marginally by 0.04%, on Tuesday.
Bottomline
Last week, Apple faced a tough time in court as a federal judge ordered it to ease App rules for developers, mainly for in-app purchases. Now with the launch of new products, it looks to start afresh after the covid-induced disruptions. The overall market sentiment has been high for the technology giant. The stock gained nearly 16% YTD.
