Disney & Netflix Stocks Plummet After Apple+ Unveils $4.99 Price

The company also announced a trio of new phones with prices for iPhone 11 starting at $979 - a $50 discount to last year's XR model.

Executives instead spent almost as much time Tuesday talking about products as they did touting free trial subscriptions for Apple's new streaming services, promoting its new lineup of video games and TV shows, and trade-in programs that allow customers to swap existing phones for discounts on new models.

Unlike some of the other devices coming out this year, the new iPhones aren't expected to support upcoming ultrafast cellular networks known as 5G. In the U.S., preorder begin on 13 September, with the phones being available on 20 September.

The Pro line of iPhone has rich "super retina" OLED displays and a third camera on the back for professional quality photos and video, as well as a ramped-up zoom and editing software. And they will likely have the same design - with more display space, less bezel and no home button - that Apple switched to with the iPhone X in 2017.

Apple unveiled its iPhone 11 models Tuesday, touting upgraded, ultra-wide cameras as it updated its popular smartphone line-up and cut its entry price to USD699. Customers can pick between materials like aluminum, stainless steel, ceramic, and titanium, as well as the watch band of their choosing using an in-store and online personalization program dubbed Apple Watch Studio.

A "must-have" Apple Pencil integrated to work with the iPad touch screen can be used as a controller for creation or productivity.

In markets like India, where Apple has slightly over 1% market share, the attractive pricing of iPhone 11, further price cuts of older models and availability of new services might help Apple improve their position. Apple TV+ series and movies will also be available with audio descriptions in eight languages.


Apple TV+ is coming November 1, and the company says it will add new original shows every month.

While many praised Apple for their low price, others pointed out that the streaming platform will only have 7 shows. compared to the extensive libraries of the other services.

Apple CEO Tim Cook led the Apple Special Event Tuesday afternoon from Apple HQ in Cupertino, CA.

Oh, and it is giving away one free year's worth of Apple TV+ to anyone that buys a new expensive Apple product: a move that fanbois will love but raises questions about whether tech giants are trying to pull TV production into the same walled gardens it is used to in the tech arena.

Apple will open its Arcade game service on September 19, also charging USD4.99 monthly.

Could Apple Arcade pave the way for Amazon-style bundles? While Apple Oman has not given an exact price yet, Apple's region map claims that the iPhone 11 will be available in Oman on 27 September.

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