*By Hope King* Apple showed some love to the MacBook Air and Mac Mini Tuesday. The trillion dollar tech giant hosted its second event in two months to introduce new versions of these somewhat neglected devices. The MacBook Air was last fully refreshed eight years ago, with a small update three years ago. The Mac Mini hasn’t gotten an update in four years. Reports ahead of the event anticipated the announcements, but that didn’t leave the crowd — made up of Apple employees, guests, partners, and media — any less enthused when C.E.O. Tim Cook and team finally got on stage. When the video of the MacBook Air played on stage there were "whoo-hoos" from the crowd when the retina display was featured, and more when the three different color options came on screen: gold, silver, and space gray. One of the moments that drew the biggest cheers was when Laura Legros, VP of hardware engineering, announced the body of the MacBook Air would be made from 100 percent recycled aluminum. "That's one of the really exciting things about the product today," Legros told Cheddar after the event. "This is many, many years in the making of actually being able to develop a process out of the materials that we already are using in our production process." Apple is entering a phase of slowing growth for its iPhone, its most important product for revenue and profits. The company is also seeing increased competition from the likes of Amazon ($AMZN) and Facebook ($FB), two names which are suddenly threats. Amazon this year released 70 new devices and Facebook recently came out with its first-ever hardware devices, the Portal and Portal Plus. According to Apple, the company unveiled 10 new products this year — more so than in years past. Can new colors like gold help Apple sell more Apple Watches and computers? Future earnings reports will be the proof, but for now, Apple is heading into one of its trickiest holiday seasons yet.

Share:
More In Business
Eyeing Some Cool Collectibles at New York Comic Con
If you have some older comic books stashed away in your attic, basement or closet, make sure to check their condition as they could be traded for serious cash. Cheddar News' Michelle Castillo at New Yor Comic Con spoke with Chris D'Lando, event manager with NYCC for Reedpop; Andy Mourat, co-founder and president of MetaZoo; and Julian Montoya, senior vice president of The Noble Collection, to get their thoughts.
How Traders Are Bracing for Upcoming Fed Meeting & Amid Geopolitical Conflicts
Eliott Wellenbach, vice president and institutional ETF strategist with Direxion, joined Cheddar News to explain how investors are bracing for interest rate hikes after last week's inflation report and ahead of the Fed's upcoming meeting. Wellenbach also discussed how traders are taking advantage of volatility as earnings season continues and amid geopolitical conflicts.
Ready 4 Work Offers Tips for Writing Resumes
One of the most difficult parts of a job search is writing resumes. Cheddar News' docuseries Ready 4 Work explores the pitfalls of that and helps job seekers stand out from all those other applicants.
Load More