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Apple launches new gear

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Miguel A. Rodriguez
Miguel A. Rodriguez
16 September 2020
New gadgets from Apple

After we talked about the "Time Flies" event yesterday, now it's time to speak about Apple's new products.

It introduced the new Apple Watch Series 6 with two price points: one at $399, and the basic Apple Watch SE for $279. The watch's new feature includes blood oxygen monitoring, which aims to beat Fitbit watches that already have the feature implemented. Also, it is the first time when the watch is not paired with an iPhone.

Apple also released bundles with prices varying between $15 and $30 per month. The bundle could include a family plan with television, music and games, news, and even fitness services and increased cloud storage capacity.

Alongside watches and bundles, 8 new and improved iPads have been released. The watches and iPads can be pre-ordered starting tomorrow.

The famous iPhone is expected to hit the shelves next month, given the fact that the production has been delayed due to pandemic-induced disruptions. 

After the event, Apple shares closed 0.2% higher. Year-to-date, the stock price added more than 50%, while TECH100 went up 23%.

Read all about the event here!

Sources: reuters.com, investing.com

This information/research prepared by Miguel A. Rodriguez does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. The research analyst primarily responsible for the content of this research report, in part or in whole, certifies that the views about the companies and their securities expressed in this report accurately reflect his/her personal views and consequently any person acting on it does so entirely at their own risk.The research provided does not constitute the views of KW Investments Ltd nor is it an invitation to invest with KW Investments Ltd. The research analyst also certifies that no part of his/her compensation was, is, or will be, directly, or indirectly, related to specific recommendations or views expressed in this report.The research analyst in not employed by KW Investments Ltd. You are encouraged to seek advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit that conforms to your specific investment objectives, financial situation, or particular financial needs before making a commitment to invest. The laws of the Republic of Seychelles shall govern any claim relating to or arising from the contents of the information/ research provided. 

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Miguel A. Rodriguez
Miguel A. Rodriguez
Financial Writer

Miguel worked for major financial institutions such as Banco Santander, and Banco Central-Hispano. He is a published author of currency trading books.