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Apple’s new iPhones get faster chips, better cameras and new charging ports


Apple on Tuesday unveiled its next generation of iPhones - a line-up that will boast better cameras, faster processors, a new charging system and a price hike for the fanciest model.


The showcase at Apple's headquarters in Cupertino, California, comes as the company tries to reverse a mild slump that has seen its sales drop from last year in three consecutive quarters. 



The malaise is a key reason Apple's stock price has dipped by nearly 10% since mid-July, dropping the company's market value below the $3 trillion threshold it reached for the first time earlier this summer.The malaise is a key reason Apple's stock price has dipped by nearly 10% since mid-July, dropping the company's market value below the $3 trillion threshold it reached for the first time earlier this summer.


Investors apparently were not impressed with what Apple rolled out Tuesday. The company's shares were down by nearly 2% during afternoon trading.


As has been case with Apple and other smartphone makers, the four types of iPhone 15 models aren't making any major leaps in technology. But Apple added enough new bells and whistles to the top-of-the line model - the iPhone 15 Pro Max - to boost its price by $100, or 9%, from last year's version to $1,200.

Apple is holding the line on prices for rest of the line-up, with the basic iPhone 15 selling for $800, the iPhone 15 Plus for $900 and the iPhone 15 Pro for $1,000.



All the new models will be available in stores September 22, with pre-orders beginning this Friday.

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