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Apple unveils thinnest Series 10 Watch with new features

Published 09/09/2024, 19:50
© Reuters.
AAPL
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CUPERTINO, Calif. - Apple Inc (NASDAQ:AAPL). announced the launch of its Apple Watch Series 10 today, which the company claims is the thinnest version to date, featuring the largest display among its predecessors. The new device, available for pre-order now with sales starting on Friday, September 20, includes health-focused capabilities like sleep apnea notifications and water depth and temperature sensing.


The Series 10 watch, which is nearly 10 percent thinner than the Series 7, 8, and 9 models, maintains an 18-hour battery life and introduces a new S10 SiP (system in package) for improved performance and power efficiency. The watch also boasts a brighter and more power-efficient wide-angle OLED display, designed to be more legible at different angles and with a faster refresh rate in always-on mode.


In addition to design and display enhancements, the Series 10 offers faster charging, claiming to be the fastest-charging Apple Watch ever. Fifteen minutes of charging can provide up to eight hours of use, with a full charge to 80 percent taking about 30 minutes.


Notably, the Series 10 introduces a feature for sleep apnea detection, using the accelerometer to monitor breathing disturbances that could indicate the condition. This feature is pending FDA clearance and is expected to be available later this month in over 150 countries, including the U.S., EU, and Japan.


For water enthusiasts, the watch includes a new depth gauge and water temperature sensor, alongside the new Tides app in watchOS 11, providing detailed tidal information for coastlines and surf spots.


The Series 10 is available in both aluminum and titanium, with new finishes including jet black and polished titanium. It also supports watchOS 11, which offers new health metrics, customizable Activity rings, and the new Vitals app.


Apple emphasizes its commitment to environmental responsibility, stating that the Series 10 is made with 100 percent recycled aluminum or 95 percent recycled titanium, contributing to the company's goal to be carbon neutral by 2030.


The starting price for the Apple Watch Series 10 is $399 in the U.S., and the watch is compatible with older Apple Watch bands and new bands matching the titanium cases. AppleCare+ for Apple Watch is also available for additional support and service.


This article is based on a press release statement from Apple Inc.


In other recent news, Apple Inc. has unveiled a series of product enhancements and launches. The company announced health-centric features for its Apple Watch and AirPods Pro 2, aiming to support individuals with sleep apnea and hearing loss. The Apple Watch will offer sleep apnea notifications using a new Breathing Disturbances metric, pending FDA authorization. The AirPods Pro 2 will introduce an integrated hearing health experience, including Hearing Protection, a clinically validated Hearing Test, and a Hearing Aid feature.


Apple also introduced its latest iPhone models, the iPhone 16 Pro and iPhone 16 Pro Max, featuring the new A18 Pro chip and Apple Intelligence for enhanced personalization and privacy. The new models promise larger display sizes, a new 48MP Fusion camera, significant improvements in battery life, and innovative AI features.


The company expanded its AirPods lineup, announcing a redesigned AirPods 4, new color options for AirPods Max, and innovative hearing health features for AirPods Pro 2. The AirPods 4 offers a new fit with advanced audio capabilities, while the AirPods Pro 2 aims to assist individuals affected by hearing loss.


Lastly, Apple introduced the Apple Watch Ultra 2, now available in a black titanium finish, featuring enhancements such as sleep apnea notifications, the brightest display in an Apple product, and extended battery life. These are the recent developments from Apple Inc.


InvestingPro Insights


As Apple Inc. unveils its latest Apple Watch Series 10, the company's stock metrics paint a picture of a tech giant with a robust financial foundation. With a massive market capitalization of $3.3 trillion, Apple stands as a prominent player in the Technology Hardware, Storage & Peripherals industry. The company's commitment to innovation and customer satisfaction is reflected not only in its product launches but also in its financial health.


InvestingPro data indicates that Apple's revenue for the last twelve months as of Q3 2024 is at $385.6 billion, showing a steady quarterly revenue growth of 4.87%. This persistent growth is a testament to the company's ability to maintain a strong market presence and continuously offer products that resonate with consumers. Furthermore, Apple's gross profit margin sits comfortably at 45.96%, suggesting that the company efficiently manages its production costs and maintains profitability.


In terms of investment viability, Apple's stock generally trades with low price volatility, offering a sense of stability to shareholders. This could be particularly appealing to investors who value a steady growth outlook. Additionally, Apple has a track record of rewarding its investors, having raised its dividend for 12 consecutive years, with a 4.17% dividend growth in the last twelve months as of Q3 2024. This consistent dividend payment history underscores the company's financial discipline and commitment to returning value to its shareholders.


For investors seeking more in-depth analysis, there are over 10 additional InvestingPro Tips available at https://www.investing.com/pro/AAPL. These tips provide valuable insights into Apple's stock performance, including its trading multiples and analysts' profitability predictions for the year. With these tools, investors can make more informed decisions about their investments in Apple Inc., particularly in light of the company's latest technological advancements and its pledge to environmental sustainability.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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