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Apple to launch iPhone 11, offer product updates at annual fall event

Proactive Investors Tuesday, 10 September 2019 ()
Apple Inc’s (NASDAQ:AAPL) annual fall event is set to kick off this afternoon, and the company is expected to bring forth its latest cellphone creation: the iPhone 11.  The event, which Apple will livestream on its website, will likely announce three new phone models according to media reports. Out are the iPhone XS, XS Max and XR, and in will come the iPhone 11, 11 Max/11 Pro and 11R. According to a report from Reuters, Wedbush analysts predict that the coming phone upgrade cycle could generate 180 million iPhone sales over the next year, with a huge chunk of that coming from users in China.  READ: Morgan Stanley reiterates $247 price target on Apple, sees App Store growth outperforming Customers are also anticipating updates on Apple TV+, the company’s oft-hyped streaming service announced by CEO Tim Cook in March. One thing analysts aren’t expecting to see, according to a CNN report,  is an acceleration into 5G, even as competitors such as Samsung make moves in that space. Contact Andrew Kessel at [email protected]  Follow him on Twitter @andrew_kessel
Credit: TechCrunch TV News - Published < > Embed
News video: The Apple iPhone 11 and 11 Pro

The Apple iPhone 11 and 11 Pro 03:16

During it’s September hardware event, Apple unveiled a set of new iPhones, the iPhone 11, the iPhone 11 Pro, and the iPhone 11 Pro Max. The iPhone 11 starts at $699 with the iPhone 11 Pro starting at $999 and the iPhone 11 Pro Max at $1099. All models will start shipping September 20th, 2019.For...

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