Skip to content
City PM
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
  • Germany
  • France
  • Europe
  • Markets
  • Business
  • Opinion
Wednesday 12 September 2018 8:29 pm  |  Updated:  Tuesday 21 May 2019 4:28 pm

Apple unveils three new iPhones at hotly anticipated launch event

By: James Booth

Add as a preferred source on Google

NULL

Apple unveiled new versions of its iPhone X and a redesign of its Apple Watch at its hotly anticipated event in California tonight.

The phones, the iPhone XS, XS Max and XR, are based on last year’s iPhone X, which has been a massive money-spinner for the company.

Read more: Apple Turnover?

Apple chief executive Tim Cook said: "iPhone X has changed the industry, and along the way became the number one smartphone in the world. Today we're going to take iPhone X to the next level."

The XS and the XS Max will feature brighter screens, better cameras and faster processors.

The XS Max will feature a 6.5-inch screen, an improvement on the iPhone X's 5.8-inch screen.

The iPhone X, priced at its launch last year at $999 (£765), has been a major success for Apple, helping it become the first publicly traded US company to break the $1 trillion valuation mark.

It also introduced a budget model tonight, the iPhone XR, which is designed to appeal to users alienated by the high prices of its recent new products.

The iPhone XR, XS and XS Max will start from $749, $999 and $1,099 respectively.

Apple also announced a major upgrade to its Apple Watch product, introducing the Series 4 range which has screens more than 30 per cent larger than current models.

The new watches will also be able to detect an irregular heartbeat and start an emergency call automatically if it detects a user falling over.

Read more: EU gives Apple go-ahead for Shazam takeover

Shares in fitness device company Fitbit fell about 3.7 per cent following the Series 4 announcement.

Ben Wood, chief of research at CCS Insight said: “Apple will face some inevitable criticism that these products offer only small improvements on prior successes. However, the fact that Apple has sold almost 2bn iOS devices to date is testament to the success of the iPhone recipe since 2007.

“The iPhone XS Max tightens Apple's grip on the high-end smartphone segment, but more importantly represents a new premium vehicle for Apple's rapidly growing services business.”

Apple’s share price was down 1.27 per cent this evening.

 

Share this article

  • Facebook
  • X
  • LinkedIn
  • WhatsApp
  • Email

Similarly tagged content:

Sections

  • News

Categories

  • Tech

Related Topics

  • Apple

Trending Articles

  • Top Burnham adviser calls for capital gains and inheritance tax hikes

  • Clarkson’s Farm and why businesses must stop blaming the weather

  • Two solicitors linked to Post Office scandal charged with misconduct

  • Lloyd’s deputy chair: The City is a club in the best sense

  • Revealed: Secret Treasury plan to tax State Pension before it is paid out

More from City PM

  • Apple memory chip warning causes fresh Asia tech sell-off

    Markets
  • Apple eyes blacklisted Chinese supplier to ease chip shortage

    Tech
    Apple launched a legal challenge to the Tribunal in March against a Home Office order to create back-door access to the US technology company’s most secure cloud storage systems.
  • Why young men would rather give up sex than smartphones

    Opinion
    Unfortunately, without additional context from the article or details about what the image depicts, it is challenging to g...
  • Musk brands UK a ‘police state’ as Big Tech rebels against Starmer’s social media ban

    Tech
    Getty Images logo on a digital screen, symbolizing media and photography industry presence in news and business contexts
  • As it happened: Stocks tumble after Apple rattles global markets; UK food exports hit by US tariffs

    Markets
    Apple unveils new products at recent event showcasing innovative technology and sleek design to global audience
  • Space X bumps back to earth as analysts slash value 

    Investing
    Elon Musk discussing SpaceX investment as Scottish Mortgages largest holding on a business news platform
  • OKX Launches X-Perps on the Magnificent 7 Stocks, Gold, Silver and Oil for European Traders

    Business Wire

City PM — European politics, business and analysis.

Europe

  • Germany
  • France
  • Europe
  • UK & Ireland

Topics

  • Business
  • Markets
  • AI
  • Technology
  • Opinion
  • Energy

More

  • Politics
  • Economics
  • Fintech
  • Legal
  • Sport
  • Life

Company

  • About City PM
  • Editorial Policy
  • Corrections
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2026 City PM · Published by CityPM Media, Bahnhofstrasse 65, 8001 Zürich, Switzerland
About · Editorial Policy · Corrections · Contact · Privacy