Consumer electronics giant Apple (AAPL) on Wednesday announced its iPhone 14 smartphone family at a media event titled “Far Out.” Apple also unveiled its latest smartwatches and wireless earbuds during the event at its Cupertino, Calif., headquarters.
Apple showed off four versions of its 16th-generation smartphones: two regular models and two high-end “Pro” models.
The iPhone 14 series handsets include satellite communications links for emergencies when users are out of the reach of cellular networks. The service, called Emergency SOS via Satellite, allows users to send short text messages to responders. Apple will offer the service free for two years.
Satellite services firm Globalstar (GSAT) said it will provide the satellite connectivity for the iPhone 14 starting in the fourth quarter. Globalstar operates a constellation of low-Earth-orbit satellites for voice and data communications. Globalstar stock initially jumped on the news but then retreated. It ended the day down 1.4% to 2.06.
The entry-level iPhone 14 starts at $799, the same price as last year’s iPhone 13. A larger-screen iPhone 14 Plus starts at $899.
IPhone 14 Pro Models Get Latest Processor
The Pro models of iPhone 14 feature Apple’s latest processor, the A16 chip. The regular models use the A15 processor, the same chip used in the current iPhone 13 series.
The Pro handsets also sport a 48-megapixel camera. The regular iPhone 14 handsets have a 12-megapixel camera, the same as the iPhone 13. The Pro camera also has improved low-light performance and other advanced photography features, such as a three-times optical zoom.
The Pro models have a new activity alert on the display called the Dynamic Island. Plus, they have an always-on display.
The iPhone 14 Pro starts at $999 and the larger-screen iPhone 14 Pro Max at $1,099. Some analysts wrongly predicted that Apple would raise prices for the Pro models but Apple kept pricing the same as last year’s Pro models.
Preorders for the iPhone 14 series handsets begin Friday with availability starting Sept. 16 for most models.
News leaks ahead of the event accurately predicted most of Apple’s news at the “Far Out” event. The event, which streamed online, lasted 95 minutes.
Apple Watch Series 8 Adds Temperature Sensor
The new Apple Watch Series 8 wearables add a temperature sensor to its array of sensors. Existing sensors now track heart health, blood oxygen levels and movement. With the temperature sensor, women can track ovulation cycles using the Apple Watch.
The new watches also feature car crash detection. When the watch detects a crash, it automatically contacts emergency services. The iPhone 14 series handsets also have the car crash detection feature.
The Apple Watch Series 8 costs $399 for the regular model and $499 for the model with cellular wireless.
Apple Adds Ruggedized Watch To Lineup
Apple also trotted out a new version of its entry-level smartwatch, Apple Watch SE, and ruggedized high-end smartwatch, Apple Watch Ultra.
The SE model starts at $249. The Ultra model costs $799.
With the Ultra model, Apple is taking on sports watches from Garmin (GRMN). Apple Watch Ultra is designed for athletes, outdoor adventurers, and divers. It features enhanced GPS, a bigger battery, and other robust features.
Apple also showed off its second-generation AirPods Pro. The wireless earbuds have improved sound quality, better battery life and advanced active noise cancellation. The new AirPods Pro cost $249.
On the stock market today, Apple stock rose 0.9% to 155.96.
Follow Patrick Seitz on Twitter at @IBD_PSeitz for more stories on consumer technology, software and semiconductor stocks.
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