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Apple fall event brings camera-boosted iPhone 11, updated iPad and watch, TV streaming service launch

Proactive Investors Tuesday, 10 September 2019 ()
Apple Inc's (NASDAQ:AAPL) annual fall product event on Tuesday revealed three new iPhone models, launch dates and pricing for its streaming service Apple TV+ and Apple Arcade, a new $499 Apple Watch Series 5, as well as a refreshed iPad.  Out are the iPhone XS, XS Max and XR, and in are the $999 iPhone 11 Pro, the $1,099 iPhone 11 Pro Max and the $699 iPhone 11. All the devices are available for pre-order starting on Friday at 5 am PDT and will start shipping September 20. READ: Morgan Stanley reiterates $247 price target on Apple, sees App Store growth outperforming Apple also revealed that its streaming TV service will launch on November 1 and cost $4.99 a month in an announcement on its website ahead of the annual Fall launch event. The California-based company said Apple TV+ will be available in 100 countries and buyers of an iPhone, iPad or Mac will get a free year of streaming television service. Apple also announced the upgraded new seventh-generation iPad, starting at $329, featuring a 10.2-inch Retina display and innovations including Apple Pencil2 support, the fast A10 Fusion chip, and advanced cameras and sensors. The group said the new iPad, its most affordable yet, is available to order from today and will be in stores starting Monday, September 30. And the company said the new Apple Watch Series 5 features an innovative new display that allows the time and important information to remain visible at all times.  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.   -- Adds details on new iPhones, Apple Watches -- Contact Andrew Kessel at [email protected]  Follow him on Twitter @andrew_kessel   
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News video: Apple iPhone 11 Launch Event: Products Unveiled

Apple iPhone 11 Launch Event: Products Unveiled 01:39

Apple's big September launch event has come to an end. So what did you miss? Well, for starters, the tech company unveiled three new iPhones -- the iPhone 11, 11 Pro and 11 Pro Max. Notably, the iPhone 11 will have a $699 starting price, $50 below what the iPhone XR (now starting at $599) previously...

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