Several listed subsidiaries of the Adani empire, which spans coal, airports, cement and media, collapsed in early trade, with some losing as much as 20%
business1 day ago
Apple on Tuesday unveiled a new iPhone 15 Pro with a titanium case and faster chip that enables better cameras and mobile gaming, moves designed to respond to a global smartphone slump.
The Pro model will have a customised action button and comes in 6.1 inches and 6.7 inches for iPhone 15 Pro max. iPhone Pro has a super retina XDR display, standby screen feature and A17 Pro chip. This model also has the USBC connector with a new graphics processing unit (GPU). Pro model comes with a more advanced 48-megapixel main camera and can shoot in 24, 28 and 35 mm focal length.
Apple says the iPhone Pro also directly supports recording pro res video to an external storage drive. The camera for iPhone Pro has 5X optical zoom.
Price: Apple says the iPhone 15 Pro starts at $999, while Pro Max is priced at $1199.
The earpods (USB-C) will be available to order today for $19 (U.S.).
Apple unveils iPhone 15. The device comes in 6.1 inches and 6.7 inches for iPhone 15 plus.The latest version of iPhone has super retina XDR display, which uses OLED technology.
iPhone 15 has new 2X telephoto option for capturing photos and 4K video. Apple also brings 48 megapixel main camera to the latest iPhone. The company says iPhone 15 still has all day battery life.
Apple said the iPhone 15's satellite connectivity can now be used to summon roadside assistance. It is rolling out the feature out with the American Automotive Association (AAA) in the United States. It will feature the same A16 Bionic chip inside that previously formed the brains of the iPhone 14 Pro.
Apple said that USB-C charging cables are coming to both its iPhone 15 and the charging case of its AirPods Pro devices, allowing the use of the same charging cables already used for iPads and Macs.
Price: The iPhone 15 starts at $799, while iPhone 15 Plus is priced at $899.
Apple also showed off a new Series 9 Watch with a feature called "double tap" where users tap thumb and finger together twice, without touching the watch, in order to perform tasks like answering a phone call.
It uses machine learning to detect tiny changes in blood flow when the user taps their fingers together, freeing up the other hand for other tasks like walking a dog or holding a cup of coffee, said Apple Chief Operating Officer Jeff Williams.
The Apple Watch Ultra 2 has new features for cycling and diving and what Apple said is the brightest screen it has ever made.
Price: New Apple Watch Series 9 starts at $399, while Ultra 2 Watch starts at $799.
Apple will no longer use leather in any of its products, said Lisa Jackson, the company's environmental chief. The company is replacing some of those products with a textile called "FineWoven" that it says feel like suede.
CEO Tim Cook also said Apple is "on track" to ship its Vision Pro mixed-reality headset early next year.
While Apple is introducing new features and products, the iPhone made up more than half of Apple's $394.3 billion in sales last year.
The global smartphone market has slumped from shipping 294.5 million total phones to 268 million in the second quarter, but Apple's shipments declined the least of any major smartphone maker, dropping from 46.5 million phones to 45.3 million, according to data from Counterpoint Research.
"The truth of the matter is, we're in a very down smartphone market," said Bob O'Donnell, head of TECHnalysis Research.
O'Donnell said he will also be on the lookout for any hints about Apple's plans with what is known as generative artificial intelligence, the technology trend behind applications like OpenAI's ChatGPT and Microsoft's "Copilot" assistant technologies for its Office software.
Analysts have repeatedly prodded Apple about its plans for such technology but the company has given few hints so far, other than Chief Executive Tim Cook's comments in July that the company's secret work on the technology is driving up its research spending.
"Will Apple tease an advanced form of Siri? That would be something that would generate some excitement," O'Donnell said.
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