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Apple on Monday charged into the artificial intelligence craze with a new iPhone lineup that marks the company’s latest attempt to latch onto a technology trend and transform it into a cultural phenomenon. The four different iPhone 16 models will all come equipped with special chips needed to power a suite if AI tools that Apple hopes will make its marquee product even more indispensable and reverse a recent sales slump. Most of Apple’s AI functions will roll out as part of a free software update to iOS 18, the operating system that will power the iPhone 16 coming out in December. English will be the featured language at launch but an update enabling other languages will come out next year, according to Apple. Although Apple is releasing a free version of its operating system to propel its on-device AI features, the chip needed to run the technology is only available on the iPhone 16 lineup and the high-end iPhone 15 models that came out a year ago.

Persons: Siri, Tim Cook, Apple, ”, Paolo Pescatore, OpenAI Organizations: Apple, Samsung, Google, Apple Intelligence, Samsung Galaxy Locations: Cupertino , California, Monday’s

Apple is hosting an event at its headquarters in Cupertino, California, where it has unveiled new versions of the iPhone, AirPods and Apple Watch. AppleApple just unveiled the iPhone 16 Pro and the iPhone 16 Pro Max, which join the iPhone 16 and iPhone 16 Plus announced earlier. Apple’s iPhone 16 Pro has a 6.3-inch display, and the Apple 16 Pro Max has a 6.9-inch display, larger than those of previous models, which measured in at 6.1 inches and 6.7 inches, respectively. The iPhone 16. The iPhone 16 Pro starts at $999, and the Pro Max starts at $1,199, Apple said.

Persons: Max, ” Apple, —, Apple, Pro Max Organizations: Apple, Apple Watch, Apple Apple, Apple Intelligence, Pro Locations: Cupertino , California

People walk past an Apple store in the Americana at Brand shopping center on December 26, 2023 in Glendale, California. Apple Intelligence — the collective brandname for all of Apple’s own AI tools — is intended to be more of a personal assistant than anything else. What about your data: Since Apple Intelligence and ChatGPT will be used for largely different purposes, the amount and type of information users send to each AI may be different, too. While Apple users will have to send their personal information and AI queries to OpenAI if they want to use ChatGPT, Apple has said that most of the time Apple Intelligence won’t be sending user data anywhere. As much as possible, Apple will try to process AI prompts directly on your device using smaller AI models.

Persons: Mario Tama, you’ve, ChatGPT, Siri, Apple Organizations: Apple, Brand, Apple Intelligence Locations: Glendale , California

☆ I've worked at Costco for 19 years. Here are 10 of the best things I'm seeing on the shelves this month.
▼ + stars: | 2024-09-09 | by ( Veronica Thatcher | ) www.businessinsider.com time to read: 1 min

If you're looking for moisturizing lip products, you might want to grab a pack of the Eos super balm. A pack of the Eos super balm comes with a variety of flavors. Veronica ThatcherWith cooler weather approaching, you might want to stock up on tubes of Eos super balm to keep your lips hydrated and smooth. These conditioning lip balms come in five different flavors, including watermelon frosé, mango melonade, honey apple, coconut milk, and birthday cake. A five-pack of Eos super balm is $17 at my store.

Persons: Veronica Thatcher

☆ Huawei's trifold phone gets 2.7 million pre-orders ahead of Apple's iPhone 16 launch
▼ + stars: | 2024-09-09 | by ( Evelyn Cheng | ) www.cnbc.com time to read: 1 min

Huawei is planning to release a three-fold smartphone on Sept. 10, just hours after Apple's scheduled new iPhone launch. BEIJING — Huawei has received more than 2.7 million pre-orders for its trifold smartphone, its website showed on Monday. The Chinese company began pre-orders for its Mate XT midday on Saturday. That was more than two days ahead of Apple's planned iPhone 16 launch early morning Tuesday Beijing time. The company has yet to share a price for the Mate XT.

Organizations: Huawei, Beijing, Apple Locations: BEIJING, Beijing, China

☆ Here’s everything Apple just announced: iPhone 16, iPhone 16 Pro, Apple Watch Series 10, AirPods 4
▼ + stars: | 2024-09-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHere’s everything Apple just announced: iPhone 16, iPhone 16 Pro, Apple Watch Series 10, AirPods 4Apple hosts its annual hardware event on Monday in Cupertino, California

Organizations: Apple Locations: Cupertino , California

☆ Before his death, Steve Jobs told Bob Iger to retire from Disney and try to enjoy the good things in life: report
▼ + stars: | 2024-09-09 | by ( Kwan Wei Kevin Tan | ) www.businessinsider.com time to read: +3 min

Read previewBefore dying of pancreatic cancer in October 2011, the late Apple CEO Steve Jobs told his counterpart at Disney, Bob Iger to start planning his retirement. Jobs, Iger wrote in his memoir, played a critical role in Disney's acquisition of Marvel in 2009. In July 2023, Disney said that Iger's tenure as Disney CEO will run through 2026. Advertisement"The person that I think most of, that I was fortunate enough to have observed very closely, is Steve Jobs," Iger said of Jobs in an interview with Time magazine published in April 2023. Jobs, Iger told the magazine, had returned to Apple under "very different circumstances" than when he'd founded it.

Persons: —, Steve Jobs, Bob Iger, Jobs, Iger, Disney didn't, he'd, Ike Perlmutter, Marvel's, we'd, Ike, Steve Organizations: Service, Apple, Disney, New York Times, Business, Iger, Walt Disney Company, Pixar, Marvel, NeXT

☆ Apple 'Glowtime' event summary: Tim Cook announces new iPhone 16 series, Apple Watch, AirPods, and AI features
▼ + stars: | 2024-09-09 | by ( Jordan Hart | Jyoti Mann | ) www.businessinsider.com time to read: +3 min

Apple Park is buzzing after Tim Cook and other executives took the wraps off the new iPhone 16 lineup, AirPods 4, AirPods Pro, and the latest Apple Watch Series 10. The Apple executives were careful to walk through how the new iPhone 16 will be outfitted with the company's flavor of generative AI features, called Apple Intelligence, and the new features available in iOS 18 as a result. AdvertisementOver the course of Apple's "It's Glowtime" event, the company showcased a range of AI features, new camera technology, and other improvements to both its hardware and software. Apple Intelligence will be closely integrated across iOS 18, and that means more people will likely use AI on a daily basis as a result. Not all of the features will be available right at the launch of the iPhone 16, with some available later in the year or even in 2025.

Persons: —, Tim Cook Organizations: Service, Apple, AirPods, Apple Intelligence, Business, Google, ChatGPT . Apple Intelligence Locations: ChatGPT

☆ See how the Apple’s new AirPods will act as ear plugs and hearing aids at the same time
▼ + stars: | 2024-09-09 | by ( Alexandra Gilwit | ) edition.cnn.com time to read: 1 min

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☆ Will Apple Intelligence convince you to upgrade your iPhone? See how it works
▼ + stars: | 2024-09-09 | by ( Bryce Urbany | ) edition.cnn.com time to read: 1 min

☆ Apple is giving Siri an upgrade. Here are the new things it can do on iPhone 16.
▼ + stars: | 2024-09-09 | by ( Sarah Jackson | ) www.businessinsider.com time to read: +1 min

Apple really, really wants you to start using Siri more often. Siri will still understand you if you stumble over your words and process that to act accordingly. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . The redesigned Siri will have "richer language understanding," said Craig Federighi, Apple's senior vice president of Software Engineering, during the event.

Persons: Siri, —, Craig Federighi, Apple's Organizations: Apple, Service, Software Engineering, Business

☆ Jim Cramer names chip stocks to buy on the dip
▼ + stars: | 2024-09-09 | by ( Julie Coleman | ) www.cnbc.com time to read: +2 min

CNBC's Jim Cramer on Monday recommended three chip stocks to buy at a discount: Micron , AMD and Arm . "I think the chip stocks have sold off way too hard," he said. The chip sector has retreated in recent weeks, with SMH , a prominent semiconductor exchange-traded fund, down more than 18% from its 52-week high in July, according to FactSet. Micron : Cramer called Micron "the market leader in memory chips," and said the hyperscalers building out data centers need memory. He added that he thinks the stock is currently cheap based on its earnings estimates for the next fiscal year.

Persons: CNBC's Jim Cramer, FactSet, Cramer, —, stoking, AMD's Organizations: Micron, AMD, Nvidia, Apple

☆ Apple's awkward iPhone problem
▼ + stars: | 2024-09-09 | by ( Alex Bitter | ) www.businessinsider.com time to read: +1 min

We still don't know when exactly the iPhone will have the much-anticipated AI features, though. Go to newsletter preferences Thanks for signing up! download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. AdvertisementApple fans have been eagerly awaiting news of the new iPhone and its new AI-supporting features.

Persons: Apple, —, it's Organizations: Apple, Apple Intelligence, Service, Business

☆ Apple is officially about to enter the next stage of its AI era at the Glowtime event
▼ + stars: | 2024-09-09 | by ( Jordan Hart | ) www.businessinsider.com time to read: +4 min

Go to newsletter preferencesSign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read previewApple is gearing up to announce a new lineup of devices at its Glowtime event Monday. All eyes have been on the tech giant since it unveiled Apple Intelligence at its Worldwide Developers Conference in June. The tech giant is also expected to launch new models of AirPods and the Apple Watch. Advertisement"We believe the excitement over Apple Intelligence can potentially accelerate hardware replacement and enable market share gain for iPhone, iPad, and Mac," Oppenheimer strategists said in a note.

Persons: —, Dan Ives, Greg Joswiak, Gadjo Sevilla, Mark Gurman isn't, Gurman, Midlevel, Oppenheimer Organizations: Service, Apple Intelligence, Worldwide Developers Conference, Business, Wedbush Securities, Apple, Google, Huawei, Bloomberg, Apple Watch Locations: California, China

☆ Huawei's new trifold phone got more than 2 million preorders in a few hours, just before Apple is set to announce new iPhones
▼ + stars: | 2024-09-09 | by ( Shubhangi Goel | ) www.businessinsider.com time to read: +3 min

Read previewOne of China's top smartphone makers raked in 2.8 million preorders for its latest phone just one day after reservations began — even before people learned its price. Huawei's Mate XT, a trifold smartphone, is set to be unveiled during an event on Tuesday in China. On Huawei's online sales platform, which is selling the device in two colors, nearly 3 million people had registered interest at publication time. While pricing for the latest phone, which folds twice, is not known, Huawei has recently been competing with Apple in the same price territory. According to data compiled by third parties, Apple has recently fallen off the list of the top five best-selling smartphone makers in China.

Persons: —, Xiaomi Organizations: Service, Business, Apple, Huawei, IDC Locations: China, Shenzhen

☆ Apple's new iPhone 16 with AI seems ... kind of boring. That could actually be a good thing.
▼ + stars: | 2024-09-09 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Apple spent much of the presentation emphasizing how the iPhone 16 was "built from the ground up to deliver Apple Intelligence." For me, the most interesting features coming to Apple Intelligence are the Writing Tools, AI-generated emojis, and the camera's visual intelligence capabilities. He said the keynote video doesn't do the new iPhone 16 lineup justice. AdvertisementThe tech giant reportedly began briefing its retail employees on all things Apple Intelligence weeks before the iPhone 16 lineup launch. It seems to me that Apple is gearing up to have consumers see its new AI tech for themselves before deciding to upgrade.

Persons: —, Tim Cook, it's, Siri, Gene Munster, Munster Organizations: Service, Apple Intelligence, Apple, Business, Google, Wedbush Securities, Deepwater Asset Management, Munster

Learn moreApple officially announced the Apple Watch Series 10 and a design update to the Apple Watch Ultra 2 during its "Glowtime" event on September 9. AdvertisementThe Apple Watch Series 10 and the refreshed Apple Watch Ultra 2 are available to preorder now from Apple's website. AdvertisementApple Watch Series 10: New featuresThe Apple Watch Series 10 contains a range of upgrades. AppleThe Apple Watch Series 10 is available in a larger size than the Apple Watch Ultra 2, with 30% more screen area than the previous generation Series 9. AppleAll Apple Watch Series 10 models run on Apple's new S10 processor to support new features, like suppressing background noise during a phone call.

Persons: Slate, Apple, There's Organizations: Business, Apple, Apple Watch

Both the iPhone 16 and the iPhone 16 Pro will be available for pre-order on Friday and in stores on September 20, Apple announced. They’re also available in two sizes: 6.1 inches for the iPhone 16 and 6.7 inches for iPhone 16 Plus. IPhone 16 ProThe new iPhone 16 Pro. From AppleThe iPhone 16 Pro, Apple’s higher-end iPhone, features even more AI features than the iPhone 16. Price: The new Apple iPhone 16 Pro will cost $999 and the iPhone 16 Pro Max will be $1,199, the company announced Monday.

Persons: Dan Ives, Wedbush, haven’t, Apple, ” Craig Federighi, Siri, Erica, ultramarine, Max, AirPods Organizations: CNN, Apple, Apple Watch, Apple Apple, Apple Intelligence, Pro, US Food and Drug Administration, Apple Watch Apple

☆ Here's everything Apple just announced: iPhone 16, iPhone 16 Pro, Apple Watch Series 10, AirPods 4 and more
▼ + stars: | 2024-09-09 | by ( Hayden Field Ashley Capoot Kif Leswing Todd Haselton | Hayden Field | Ashley Capoot | ) www.cnbc.com time to read: +2 min

Apple just unveiled the iPhone 16 Pro and the iPhone 16 Pro Max, which join the iPhone 16 and iPhone 16 Plus the company announced earlier. Apple's iPhone 16 Pro has a 6.3-inch display, and the Apple 16 Pro Max has a 6.9-inch display, larger than those of previous models, which measured in at 6.1 inches and 6.7 inches, respectively. The new models also have the "thinnest borders on any Apple product," Apple said, calling them "by far our best iPhone displays ever." The company also said the new iPhone 16 Pro Max has "the best iPhone battery life ever" but did not offer additional details. The iPhone 16 Pro starts at $999, and the Pro Max starts at $1,199, Apple said.

Persons: Max, Apple, Pro Max, — Hayden Organizations: Apple, Apple Intelligence, Pro, preorder

☆ Apple's AirPods will lower the volume so you can have a conversation in real life — but is that rude?
▼ + stars: | 2024-09-09 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

The noise-canceling ones include a feature called "Conversation Awareness" — and it could change the way we talk to each other. (This feature debuted last fall with the AirPods Pro models.) Isn't it, you know, kind of rude to keep your AirPods in while talking to someone — even if the sound is turned down? So how do you tell if someone is wearing their AirPods to help them hear, or is just being rude? So maybe the norm around wearing AirPods even while talking in real life should change — and will help normalize using AirPods as hearing aids.

Persons: I've, I'm Organizations: Service, Apple

☆ Goldman Sachs to post $400 million hit to third-quarter results as it unwinds consumer business
▼ + stars: | 2024-09-09 | by ( Hugh Son | ) www.cnbc.com time to read: +1 min

David Solomon, CEO of Goldman Sachs, during an interview for an episode of "The David Rubenstein Show: Peer-to-Peer Conversations" in New York on Aug. 6, 2024. Goldman Sachs will post a roughly $400 million pretax hit to third-quarter results as the bank continues to unwind its ill-fated consumer business. CEO David Solomon said Monday at a conference that by unloading Goldman's GM Card business, as well as a separate portfolio of loans, the bank would post a hit to revenues when it reports results next month. It is the latest turbulence related to Solomon's push into consumer retail. Goldman's credit card business, in particular its Apple Card, allowed rapid growth in retail lending, but also led to losses and friction with regulators.

Persons: David Solomon, Goldman Sachs, David Rubenstein, Goldman, Solomon Organizations: GM Card, Apple, GM, Barclays, The, Street Locations: New York

☆ Stocks making the biggest premarket moves: Boeing, Dell, Merck and more
▼ + stars: | 2024-09-09 | by ( Michelle Fox | ) www.cnbc.com time to read: +2 min

MarineMax — Shares jumped 6% after Citi upgraded shares to buy from neutral. Palantir Technologies , Dell Technologies — Shares of Palantir and Dell rallied 8% and 5%, respectively, after it was announced postmarket Friday that the stocks would join the S & P 500 index. Palantir will replace American Airlines , while Dell will replace Etsy . Summit shares soared more than 30%. United States Steel — Shares moved about 3% higher after JPMorgan upgraded the industrial stock to overweight from neutral.

Persons: Merck, Summit, —, Jesse Pound, Hakyung Kim, Sarah Min, Sean Conlon Organizations: Boeing —, Citi, Technologies, Dell Technologies, Dell, American Airlines, Etsy, Summit Therapeutics, Summit, Arm Holdings, Times, Apple, United States Steel, JPMorgan, Nippon Steel, JetBlue Airways —, Bank of America, JetBlue

☆ Apple's event will serve as a litmus test for the wider AI industry
▼ + stars: | 2024-09-09 | by ( Dan Defrancesco | ) www.businessinsider.com time to read: +7 min

Apple is gearing up to announce a new lineup of devices at its 'Glowtime' event today — that's where we kick things off in our big story. AdvertisementApple's "Glowtime" event is today, the latest iteration of the tech giant's annual unveiling of its newest iPhone , writes Business Insider's Jordan Hart. AdvertisementAppleThe Apple event will also serve as a litmus test for the wider AI industry. Even giants like Microsoft and Amazon have struggled to turn their big AI bets into revenue drivers. AdvertisementSuccess could give the AI industry more confidence that there is a light at the end of the AI spending tunnel.

Persons: —, Chelsea Jia Feng, Insider's Jordan Hart, Apple, that's, BI's Hasan Chowdhury, that'll, –, Siri, Jenny Chang, Rodriguez, Paul Graham's, Brian Niccol, Laxman Narasimhan, Dan DeFrancesco, Hallam Bullock, Grace Lett, Milan Sehmbi, Amanda Yen Organizations: Service, Business, Chelsea, Apple, Apple Intelligence, Microsoft, Amazon, Getty, Nvidia, JPMorgan, DOJ, Google, Oracle Locations: China, New York, London, Chicago

☆ See the most exciting updates to the Apple Watch
▼ + stars: | 2024-09-09 | by ( Gabe Ramirez | ) edition.cnn.com time to read: 1 min

☆ Stocks making the biggest moves midday: Palantir Technologies, Summit Therapeutics, JetBlue Airways and more
▼ + stars: | 2024-09-09 | by ( Sean Conlon | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines in midday trading: Palantir Technologies , Dell Technologies — Palantir and Dell jumped 14% and nearly 4%, respectively, following the announcement after the bell Friday that both stocks would join the S & P 500 before the open on Sept. 23. Palantir is set to take American Airlines' spot, while Dell is going to replace Etsy. JetBlue Airways — The airline stock popped around 7% after Bank of America analyst Andrew Didora upgraded the firm to neutral from underperform. Cannabis stocks — Cannabis stocks moved higher after former President Donald Trump said in a Truth Social post that he will support legalizing adult marijuana use in Florida. A logo outside the Palantir Technologies pavilion ahead of the World Economic Forum in Davos, Switzerland, on Jan. 15, 2024.

Persons: Dell, Merck's, Andrew Didora, Didora, Arm's, Donald Trump, —, Alex Harring, Hakyung Kim, Yun Li, Jesse Pound, Michelle Fox, Stefan Wermuth Organizations: Palantir Technologies, Dell Technologies, American Airlines, Etsy, Therapeutics, Merck, JetBlue Airways —, Bank of America, JetBlue, Boeing, Citi, Federal Reserve, Arm Holdings, Financial, Apple, Monday, United States Steel, JPMorgan, Nippon Steel, Tilray Brands, Cannabis ETF, Economic, Bloomberg, Getty Locations: Florida, Davos, Switzerland

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