Apple unveiled its latest iPhone series, featuring advancements such as a titanium shell, an accelerated chip, and enhanced gaming capabilities. In a move defying the current global smartphone slump, Apple chose not to increase the prices for the iPhone 15 series which is slated to release on September 22. The announcement was made amidst the economic fluctuations, particularly in China – Apple’s third-largest market, where the brand grapples with expanded usage restrictions in government premises and stiff competition from Huawei. Huawei is reportedly increasing the shipment target of its newly launched Mate 60 series by 20%. Despite the lack of groundbreaking surprises at the event, Apple exhibited new functionalities driven by machine learning technology, which disappointed some investors leading to a 1.7% decline in Apple’s shares post-event.
Advancements and Market Response: A Peek into Apple’s Strategic Moves
In a bid to revolutionize user experience, Apple has integrated machine learning to introduce several novel features, including real-time person detection in frames enabling immediate or later portrait conversion in the Photos app. Furthermore, the tech giant revealed its Series 9 Watch, boasting a “double tap” feature that allows users to perform tasks like accepting calls through a unique finger and thumb tapping gesture, without physically touching the watch.
As for the highly anticipated iPhone 15, it comes with improved display brightness, a 48-megapixel camera, and environment-friendly batteries containing 100% recycled cobalt. The new series promises satellite connectivity for roadside assistance, in collaboration with the American Automobile Association in the US. Additionally, adhering to European regulatory requirements, Apple is introducing USB-C charging cables for the iPhone 15 and AirPods Pro devices, facilitating faster data transfer especially benefiting professional photographers.
The iPhone 15 series maintains its pricing structure, with the basic model starting at $799, aiming to encourage users to upgrade despite the global smartphone market downturn. The pricing decision, perceived as a positive move by analysts, aims to aid consumers who are facing budget constraints, encouraging them to opt for the new series without feeling the pinch in their wallets.