Apple has introduced a new iPhone Air model, marking the first major design change in five years. Also unveiled was a new Apple Watch with 5G connectivity and health monitoring features, as well as AirPods Pro 3.

Cupertino

Apple has introduced a new iPhone Air model, marking the first major design change in five years. The iPhone Air is priced at $999, which is $100 more than the previous plus model and matches the former cost of the Pro model. The Pro lineup also saw a $100 price increase, while the base iPhone remains at $799.

In addition to the iPhone, Apple unveiled a new Apple Watch with 5G connectivity and health monitoring features, as well as AirPods Pro 3 that include heart rate tracking and live translation capabilities. Pre-orders for the new products will begin soon, with sales set to follow shortly after.

Apple unveils pricing for new slate of products

We're going to get a quick check on shares of Apple, as we said, the company just wrapping up that big iPhone event today. Our Steve Kovach joins us live from Cupertino with some of the highlights. Hey, Steve. Hey there, Carl. Yeah, not unusual to see shares selling off after an Apple event. We know how that story goes, the selling of the news and so to speak. But let's talk about the iPhone Air, Carl, because that was the real star of the show, a brand new design, a new kind of model for the first time in five years that we've been seeing. And the question going into today, Carl, was whether or not Apple could sort of get back to basics. Can they start making these cool new designs that are really the drivers of iPhone sales? Last year, we learned it's not artificial intelligence. And in fact, AI barely got much of a mention here today. Nothing really exclusive to these phones on the AI front. We should expect that next year. And price increases were the other thing we're curious about going in. Not a price increase across the whole lineup, but the pro lineup did get $100 price increase. And that iPhone Air I was just showing you is now $999, which is what the pro used to cost. It's $100 more than the plus model from last year it's replacing. So it's an interesting kind of pricing games here. But the base model is still sticking at $799. And then we got some cool accessories, too, to go along with it. A new Apple Watch. That thing has 5G connection now. And it can give you alerts if you have a high blood pressure or a high hypertension moment. And then the new AirPods Pro 3 with some interesting fitness features in there for the first time, including the ability to track your heart rate. And on top of that, it has a live translation feature. So if multiple people are wearing AirPods, they can have different conversations in multiple languages with that real-time translation. That's all powered by artificial intelligence, of course. So we'll see what happens. Pre-orders start this week, goes on sale the week after that on the 19th. And then we'll be filtering through those analyst notes to see what demand looks like as those pre-orders start rolling in, Carl.

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Warsaw

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Breakdown