Apple recently unveiled its highly anticipated iPhone 15 series at the fall "Wonderlust" product event, along with the latest Apple Watch. The new line of smartphones from Apple will be available for purchase on September 22, with pre-orders opening on Friday.
Pricing and Storage Options
Apple has maintained the starting price of its base-level iPhone, offering the iPhone 15 at $799, the same as last year. The iPhone 15 Pro starts at $999 for 128 GB of storage, identical to the previous year's model. However, the cheapest version of the iPhone 15 Pro Max will cost $1,199, an increase of $100 compared to last year's starting price. The higher price is justified by doubling the storage capacity.
Enhanced Features
The iPhone 15 comes with notable upgrades, featuring the new A16 Bionic chip with a 5-core GPU, providing up to 26 hours of video playback. Additionally, it introduces a new USB‑C charger port and other compelling features. On the other hand, the iPhone 15 Pro is powered by a new A17 Pro chip with a 6-core GPU and boasts a 48-megapixel Main pro camera system. It offers up to 29 hours of video playback and also incorporates the new USB‑C charger port.
A Comparison with Competitors
Let's compare the base model of the iPhone 15 to Google and Samsung's offerings:
- In terms of premium models, such as the Pixel 7 Pro and the Galaxy S23 Ultra, here's how they stack up against the iPhone 15 Pro:
According to analysts, Apple's iPhone 15 series has the potential to position the company as the global leader in smartphone shipments for the first time. Jeff Fieldhack, Counterpoint's North America research director, emphasized the opportunity for carriers to attract high-value customers during the iPhone 15 launch. With numerous iPhone 12 owners looking to upgrade their devices, he predicts aggressive promotional strategies that will benefit Apple.
Meanwhile, Google is teasing the release of its Pixel 8 and Pixel 8 Pro, which will be unveiled at their own fall product lineup event on October 4. Samsung's Galaxy S24 is expected to be launched early next year.
Despite Apple's announcement, shares of the company closed 1.7% lower during Tuesday's trading session. However, Apple's stock performance in 2023 has still seen a considerable increase of 35.7% year-to-date.
Read on: 'iPhones are depreciating devices:' What's a better deal — an iPhone 15 or $800 in Apple stock?
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