00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Apple launched a new iPhone 17e and updated iPad Air to open a week of product announcements,
00:08according to CNBC. The iPhone 17e starts at $599 and sits below the $799 iPhone 17.
00:17The affordable model positions Apple more directly against lower-priced devices from Samsung,
00:22Google, and Chinese phone makers in price-sensitive markets.
00:25It keeps a 6.1-inch display and adds tougher glass, an A19 chip, a C1X modem, MagSafe charging,
00:34256GB of storage, and Apple Intelligence support. Pre-orders begin March 4, and in-store availability
00:41starts March 11. Apple also upgraded the iPad Air from the M3 to the M4 chip. The 11-inch model
00:48starts
00:48at $599 and the 13-inch version at $799. Apple said the new processor is up to 30% faster.
00:57The iPad update builds on recent holiday quarter strength as Apple aims to sustain tablet demand
01:02with faster chips instead of a major redesign. The company plans more product announcements this
01:08week.
01:08For all things money, visit Benzinga.com.
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