*By Hope King* CUPERTINO, Calif. ーThe big takeaways for Apple's iPhone [event](https://cheddar.com/videos/apple-unveils-3-new-iphones-higher-prices) this year? Price and color matter, and the Apple Watch may finally be a must-have. When Apple released the iPhone X last year, critics said it would be too expensive for customers, with a base price of $999. Now, the priciest iPhone, the new XS Max, comes with a base price of $1,099 and will set you back $1,449 with the maximum available capacity of 512 gigs. At its much-anticipated annual fall event, Apple announced three new iPhone X devices: an iPhone XS, XS Max, and XR, all with the edge-to-edge display and Face ID that once differentiated the X model. Overall, the phones look and feel quite similar ー but again, the biggest differences are price and color. With the iPhone XS Max starting at $1,099, Apple is selling its largest iPhone ever with a 6.5-inch screen. Compare that to the iPhone XS at 5.8-inch screen for a $999 starting price, and the iPhone XR with a 6.1-inch screen for $749. That's more than the base price for the original iPhone 8 when it was released last year. Now a $749 price tag is the "bargain" option. To make the iPhone XR even more appealing, Apple introduced several vibrant colors unique to the model. There is a coral, pink, yellow, and blue version in addition to the classic black, white, and PRODUCT(RED) iterations. What Apple seems to be saying here is, "We've got a phone for everyone." And that's likely a welcome message for investors, who worry about a smartphone market that is slowing down. In addition, Apple will continue to sell the iPhone 8, starting at $599 and the iPhone 7, starting at $449. One quick thing about the Apple Watch Series 4: I think Apple finally may have built a smartwatch that I've been waiting for. The new models sport a larger screen and haptic feedback in the digital crown, both of which make scrolling around on the small device somewhat easier. Apple also added an electrocardiogram feature, which earned FDA approval. It's a game-changer that transforms the watch from a mobile device into a medical one. Good luck, Fitbit. Okay, the stuff of business settled. Onto the event itself. From my vantage point covering the event from the "Spaceship," a.k.a. Apple's headquarters, many more journalists than last year were present. All the mainstream U.S. networks ー ABC, CBS, NBC, CNN, Fox Business, Bloomberg, CNBC ー were with us on the risers; the press center was filled with digital outlets from all around the world, and the demo area was swarmed (as it always is) with familiar faces from the YouTube tech scene. I spotted [Marques Brownlee](https://www.youtube.com/user/marquesbrownlee) and iJustine, just to name two. I asked Brownlee what impressed him most (and least). Unsurprisingly ー at least to those who know and follow him ー Brownlee said he loved the iPhone XR in red and was a little mixed about the coral. Shrug. I didn't get a chance to talk to iJustine but she, like many others, was glued to the gold Apple Watch and iPhone XS. There's just something about the color that resembles liquid gold. All in all, compared to last year's event, Wednesday's announcement felt very different, mostly because this was an "S" year ー an in-between year for big model and design changes. But if Apple can replicate the success of the iPhone X with more related devices, I think X marks the spot.

Share:
More In Business
Buffalo Starbucks Union on Helping Boston Baristas Against Anti-Union Efforts
Following the historic vote that established the first unionized Starbucks cafe in the nation, two stores in Boston have filed to have union elections as well. Baristas Cassie Fleischer and Jaz Brisack of the Buffalo cafe joined Cheddar to discuss supporting the Boston unionizing efforts. The duo also recounted efforts they say Starbucks undertook to stop their own organizing, including claims they would lose all their current benefits, anti-union propaganda texts, and anti-union meetings. "Howard Schultz, the former CEO, even came in to make a speech about how wonderful the benefits were and how he felt like that was akin to sharing blankets during the Holocaust," said Brisack.
Stocks Close Lower as Investors Weigh High PPI, Fed's Final December Remarks
Stocks closed lower Tuesday as investors weighed higher than expected producer price index data, released one day before the Federal Reserve's two-day December meeting concludes. The Fed is expected to announce its decision about speeding up its asset tapering timeline, and a potential interest rate hike. Barry James, portfolio manager at James Investment Research, joins Cheddar News' Closing Bell to discuss investor skittishness, what the Fed might announce, and more.
Could This Year's Meme Stock Mania Surrounding GameStop, AMC, and Others Continue in 2022 and Beyond?
As 2021 is approaching its end, the meme stock mania that surrounded companies like Gamestop and AMC this year doesn't seem to be going anywhere. Stocks for both companies plunged to their lowest levels in months on Monday, but on Tuesday, traders seemed to come to the rescue, as the stocks for both companies saw rebounds. Great Hill Capital Chariman Thomas Hayes joins Cheddar News' Closing Bell to discuss.
Upward Farms Aims to Reconnect Consumers with Locally-Grown Food
Upward Farms is an indoor vertical farming company on a mission to heal our broken food system and reconnect consumers with organic locally-grown food. The Brooklyn-based company uses its controlled environment farms to grow organic leafy greens, which are sold at whole foods markets in New York City. Upward Farms co-founder and CEO Jason Green joined Cheddar Climate to discuss.
Electric Companies Join National Coalition to Build EV Charging Network
One of the biggest hurdles when it comes to widespread electric vehicle adoption is consumer hesitation about their ability to keep their EV charged if they take a longer trip outside of their locality. Now, electric companies nationwide are teaming up as part of a coalition to build out a network of EV charging stations spanning major U.S. travel corridors. Kellen Schefter, director of electric transportation at the Edison Electric Institute, joins Cheddar Climate to discuss the coalition's plans, how drivers can compare fueling up with gas to recharging an EV on a long trip, how the charging network will be funded, and more.
12 Terms of 2021: Infrastructure
Cheddar is looking back at the 12 biggest buzzwords of the year leading up to Christmas. Today's word of the day is "Infrastructure." Definition: (noun) the basic physical and organizational systems that uphold the structure of the economy.
Golden State Warriors President on Teaming Up on NFTs With FTX Crypto Exchange
The NBA's Golden State Warriors announced a partnership with crypto exchange FTX. It will become the official crypto trading platform for the franchise as well as home to a number of NFTs it plans to drop. Brandon Schneider, president and chief operating officer of the team, joined Cheddar's Kristen Scholer to provide some background on the deal and talked about how digital assets are transforming the world of sports. "We as a society, not just in sports, are kind of at the beginning of the beginning with crypto and NFTs specifically, so we're really excited to partner with FTX to see where we can take this together," he said.
Load More