Summary
Apple introduced new products at its annual event, highlighting a slim iPhone Air with an advanced battery and processor. Other announcements included the iPhone 17 with enhanced features and new versions of AirPods Pro and Apple Watch. The company faces potential trade challenges due to tariffs, impacting its financial outlook.
Key Facts
- Apple launched a slimmer iPhone Air with a high-density battery and a new processor.
- The iPhone 17 will feature a brighter, more durable screen and an A19 processor with AI capabilities.
- New AirPods Pro will allow live language translation between users and cost $249.
- Apple Watch includes a new blood pressure feature, pending approval, available in many countries.
- Apple did not increase prices for its watches; the SE model starts at $249.
- There are concerns about Apple's potential tariff costs, estimated at over $1 billion this quarter.
- Analysts are monitoring Apple's AI partnerships as they prepare to update their virtual assistant, Siri.
- Apple's stock price fell by about 1.5% during the product launch day.
