TEN YEARS AFTER STEVE JOBS INTRODUCED THE ORIGINAL IPHONE, TIM COOK INTRODUCED IPHONE X
Ten years ago Steve Jobs took the stage to deliver the best product presentation in history, the introduction of the APPLE iPhone. Little did we now how this device would revolutionise the planet for the better.
Apple used its launch to showcase its all new campus and the product launch happened in the all new Steve Jobs theatre. Wall street had been waiting in anticipation as much as apple brand followers to see what demand for apples all important iPhone. As expected the iPhone came in three different versions and the pricing was also a surprise. The lower end iPhones drop in price but the new flagship iPhone now starts at $999. The iPhone X now seems more like a luxury good than just a phone.
Most of apples suppliers stock prices rose after the event signalling strong outlook for the new iPhones throughout the world. What is also significant for apple is its push into augmented reality. The next decade will be built on AI and augmented reality. The companies all new chip makes all of the new magic happen for the iPhone with many new advanced features being brought to life because of it. What wall street is anticipating most is the next wave of iPhone upgrade cycles which would bring in billions of profits over the next few quarters.