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iPhone 12 is here!

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Miguel A. Rodriguez
Miguel A. Rodriguez
15 October 2020
Apple “Hi, Speed” Event brings new iPhones and a HomePod

The awaited event of Apple finally happened yesterday – online, revealing the #iPhone 12 line of smartphones.

iPhone 12 will come in a range of sizes with new designs and 5G connectivity. The four new iPhones are inspired by the design of iPhone 4 and 5, and the latest iPad Pro and Air lines, with squared metal sides and flat profiles. The A14 Bionic processor, Face ID recognition, and the infamous #5G technology are only some of the exclusive new features. The new iPhone models are:

  • iPhone 12 – a mid-range model, acting as a replacement for Apple’s iPhone 11. With a 12-megapixel dual-camera, Ceramic Shield screen glass, and 11% thinner than the previous model, it will be available starting on October 23, costing $799.
  • iPhone 12 Mini – the smallest in the range, with the same features as the iPhone 12, but available starting November 13 for $699.
  • iPhone 12 Pro and Pro Max – largest in the range, and even larger than the 2019’s iPhone 11 Pro and Pro Max, both models will have an updated triple-camera system. The body is made of stainless steel with Ceramic Shield glass on the front. They are water-resistant for 30 minutes up to 6-meter depths.

The Pro model will be available starting October 23 for $999, while the Pro Max won’t be available until November 13, costing $1,099.

Besides the new iPhones, Apple launched a smaller version of the HomePod smart speaker, having a powered by Siri smart assistant and updated rounded shape. One of the latest updates of HomePod is that now Siri can distinguish users by their voiceprint. The device will be available starting November 16 for $99.

During today’s pre-market trading, Apple stock price is 0.50% higher.

Sources: theguardian.com, theverge.com

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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.