What’s Up With Apple: New Products and Maybe More New Products

Photo of Paul Ausick
By Paul Ausick Published
This post may contain links from our sponsors and affiliates, and Flywheel Publishing may receive compensation for actions taken through them.
What’s Up With Apple: New Products and Maybe More New Products

© Apple Inc.

There were no big surprises during the Apple Inc. (NASDAQ: AAPL | AAPL Price Prediction) product launch Tuesday. New iPhone 13s, new iPads, new Apple Watches and, coming soon, iOS 15.

Investors were not wowed. Apple’s share price fell by nearly 1% on the day, to $148.12, the lowest closing price in more than two weeks.

Virtually everything Apple introduced had already been leaked. The iPhone 13 and 13 mini have a new A15 Bionic chip, twice as much storage space (128 GB), improved cameras and better battery life. The 13 mini starts at $699 and the iPhone 13 at $799.

The iPhone 13 Pro and 13 Pro Max get the same chip, an improved display refresh rate, three cameras and a maximum storage point of 1 TB. The 13 Pro starts at $999 and the 13 Pro Max at $1,099. Apple will take preorders for these phones beginning Friday and begin shipping the phones on September 24.

[nativounit]

Apple Watch Series 7 gets a larger display, a faster charging system and other incremental improvements. Pricing starts at $399, and the new watch begins shipping “later this fall.”

A new ninth-generation iPad gets the A13 Bionic chip that was first included in the iPhone 11 and an improved front-facing camera, and pricing starts at $329. Apple began taking orders on Tuesday, and the new iPad begins shipping next week.

The new iPad mini also gets the A13 chip, along with 64 GB of storage, a 12-megapixel front-facing camera and a larger display. The new iPad mini carries a starting price of $499, and Apple began taking orders Tuesday. Shipments are scheduled to begin September 24.

The software upgrades to iOS 15, iPadOS 15 and watchOS 15 will be available on September 20.

Apple is expected to hold another event, probably in October, at which it will introduce the new MacBook Pro laptops with 14- and 16-inch screens and an upgraded M1X chip. Other possible new products are an upgraded Mac Mini, a bigger iMac, an updated Mac Pro and a low-end MacBook Pro. All will get Apple’s next-generation in-house-designed chips. At this point, these products and their introduction dates remain speculation.

One thing missing from Tuesday’s event was the third generation of Apple’s AirPods. They could still show up later this year.

Tuesday’s new product introductions came as Apple released a patch to its iPhone and iPad operating systems to patch a zero-day, zero-click vulnerability that can put malware on the devices without a person’s knowledge or consent and track that person’s every call, text or email, again unknown to the user. Apple encourages people using these devices to install the patch as soon as possible: iPhone 6s and later, iPad Pro (all models), iPad Air 2 and later, iPad 5th generation and later, iPad mini 4 and later and iPod touch (seventh generation).

[recirclink id=951641][wallst_email_signup]

Photo of Paul Ausick
About the Author Paul Ausick →

Paul Ausick has been writing for a673b.bigscoots-temp.com for more than a decade. He has written extensively on investing in the energy, defense, and technology sectors. In a previous life, he wrote technical documentation and managed a marketing communications group in Silicon Valley.

He has a bachelor's degree in English from the University of Chicago and now lives in Montana, where he fishes for trout in the summer and stays inside during the winter.

Our $500K AI Portfolio

See us invest in our favorite AI stock ideas for free

Our Investment Portfolio

Continue Reading

Top Gaining Stocks

CBOE Vol: 1,568,143
PSKY Vol: 12,285,993
STX Vol: 7,378,346
ORCL Vol: 26,317,675
DDOG Vol: 6,247,779

Top Losing Stocks

LKQ
LKQ Vol: 4,367,433
CLX Vol: 13,260,523
SYK Vol: 4,519,455
MHK Vol: 1,859,865
AMGN Vol: 3,818,618