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US market indices are shown in real time, except for the S&P 500 which is refreshed every two minutes. Your CNN account Log in to your CNN account Apple is also unlikely to debut its previously rumored and much-anticipated AR headset on Wednesday.ĭespite rival Samsung’s love affair with foldable devices, Apple is still not expected to unveil such an iPhone this fall.ĬNN Business will carry live coverage of Cook’s big production, so tune in here as the world’s most valuable tech company finally puts all rumors to rest and reveals some of its latest gadgets on the cusp of the busy holiday shopping season. Of course, the rumor mill can always be wrong about these things.

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With the new iPhone expected to take center stage, many analysts don’t expect Apple to release new iPads or Mac computers until October.

#APPLE STORE MANHATTAN TELEPHONE UPDATE#

An official release date for iOS 16, the much-hyped latest update that will let users personalize their iPhone lock screens (like Android does) and features a revamped iMessage, is also expected to be announced. New Apple Watch models are expected to be unveiled on Wednesday, including a higher-end offering. There have also been rumors that some US models may launch without a physical SIM slot, as Apple moves towards an eSIM-only design.Īpple Watches, iOS 16 release date, and more

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This event also comes amid supply chain hiccups linked to China’s zero-Covid policy.Ĭustomers walk past a digital display of an Apple iPhone 13 pro inside the Apple Store on 5th Avenue in Manhattan, in New York City, on March 18.įinally, there has been some chatter that Apple could remove the iPhone’s Lightning port in new models and opt for a design with charging via wireless MagSafe. It reported a nearly 11% decline in profits during the three months ending in June, compared to the same period a year ago. This doesn’t mean the tech giant is immune to a worsening economic climate. But given the strain consumers are facing, he thinks Apple will also do “everything they can to make that as minimal as possible.” This could mean offering attractive trade-in bonuses, payment installment plans, and other offers.ĭespite rising inflation and other economic headwinds, Cook said in the company’s most recent earnings call that there has been “no obvious evidence” of macroeconomic impact on iPhone sales yet. Some analysts are predicting a $100 price hike on at least the higher-end Pro and Pro Max models. “My expectation is that Apple will probably have to nudge prices up,” Ben Wood, chief analyst at market research firm CCS Insight, told CNN Business ahead of the event.Ĭurrently, the regular, non-mini iPhone 13 starts at $799, the iPhone 13 Pro starts at $999 and the iPhone 13 Pro Max starts at $1,099. A handful of analysts have already forecast slight price hikes for the latest-and-greatest iPhone model.

How Apple will price the iPhone 14 is already shaping up to be a test, as broader economic conditions for both the tech sector and consumers have entered choppy waters. If this happens, it could be among the biggest changes to the iPhone’s camera quality to date.

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Garcia Rawlins/Reutersįorecasts point to the latest Pro model being slightly slimmer, and the much-disliked notch around the front-facing camera system to be absent in the new iPhone models.Īpple watchers are also getting excited about a potential major camera quality upgrade with the iPhone 14 - possibly one that can shoot 8K video.

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The rumor mill also suggests that Apple might ditch its cheaper, mini-sized iPhone in the 14 lineup so that they don’t compete with iPhone SE sales.Ī woman walks past an image of an iPhone 13 Pro at an Apple Store on the day the new Apple iPhone 13 series went on sale, in Beijing, China, on September 24, 2021. It’s rumored that it will debut a 6.7-inch phone that’s not a Pro model, meaning it will have the bigger screen size but without the higher price tag. Here is a look at what to expect from CEO Tim Cook and his team.Īs it has done every year for about a decade, Apple is widely expected to unveil its latest iPhone at the September keynote.Īpple is expected to go big with the iPhone 14 - literally. ET on Wednesday, and CNN Business will carry live coverage of it. But in typical Apple fashion, the tech giant was sparse on details as it builds up excitement and urges customers to tune in on the big day. This year’s invitation featured a night sky with a constellation of stars forming the Apple logo, leading some to speculate there will be major camera upgrades on iPhones to allow for better nighttime or long-distance photography. Here's what might drive up the prices on the newest iPhones A customer views an Apple iPhone 13 Pro Max smartphone for sale at a store in New York, U.S., on Friday, Sept.

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