APPLE EVENT WRAP: IPad Air 2, IPad Mini 3, Apple Pay, 27" IMac
2014-10-16 19:44:18.321 GMT
By Jeran Wittenstein
Oct. 16 (Bloomberg) -- Apple shares turned positive briefly
during event in Cupertino, Calif., after falling as much as 2.2%
earlier; CEO Tim Cook said pre-orders of iPhone in China set new
record.
IPADS:
* IPad Air 2 is 6.1mm thick, has up to 10-hour battery life,
A8X chip, Touch ID, 8MP iSight camera
* IPad Air 2 Wi-Fi models start at $499 for 16GB model, $599
for 64GB, $699 for 128GB; offered in gold, silver and grey
* IPad mini 3 has Touch ID Retina display, A7 chip, 5MP iSight
camera; available in gold, silver and grey
* Mini 3 Wi-Fi models start at $399 for 16GB, $499 for
64GB, $599 for 128GB
* Mini 3 Wi-Fi models start at $399 for 16GB, $499 for
64GB, $599 for 128GB</li></ul>
* IPad mini w/ Retina Display (now called iPad mini 2) starts
at $299
* Pre-orders of iPad Air 2, iPad mini 3 start tomorrow; see
statement
IMAC:
* 27-inch iMac w/ Retina 5k display comes w/ 3.5GHZ quad-core
Intel Core i5 processor, AMD Radeon R9 M290X graphics, has
5120 x 2880 resolution, uses 30% less power; see statement
* Starts at $2,499; begins shipping today
* Starts at $2,499; begins shipping today</li></ul>
* Mac mini update has 4th generation Intel Core processors,
Wi-Fi and Thunderbolt 2 and costs from $499-$999; see
statement
APPLE PAY:
* Available for U.S. consumers on Oct. 20; see statement
* Apple Pay available on iPhone 6, 6 Plus, iPad Air 2,
iPad mini 3
* Apple Pay available on iPhone 6, 6 Plus, iPad Air 2,
iPad mini 3</li></ul>
* AAPL said more than 500 new banks have agreed to participate
w/ Apple Pay
SOFTWARE:
* OS X Yosemite available today for free; see statement
* Features continuity among other Apple devices
* Features continuity among other Apple devices</li></ul>
* AAPL also made improvements on iOS 8 after user feedback
APPLE WATCH:
* AAPL reiterates Apple Watch will ship early next yr
DATA:
* AAPL 48 buy ratings, 11 holds, 5 sells, avg. PT ~$112:
Bloomberg data
* AAPL reports 4Q results Oct. 20
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
--With assistance from Beth Mellor in New York.
To contact the reporter on this story:
Jeran Wittenstein in San Francisco at +1-415-617-7203 or
jwittenstei1@bloomberg.net
To contact the editors responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
Beth Mellor
2014-10-16 19:44:18.321 GMT
By Jeran Wittenstein
Oct. 16 (Bloomberg) -- Apple shares turned positive briefly
during event in Cupertino, Calif., after falling as much as 2.2%
earlier; CEO Tim Cook said pre-orders of iPhone in China set new
record.
IPADS:
* IPad Air 2 is 6.1mm thick, has up to 10-hour battery life,
A8X chip, Touch ID, 8MP iSight camera
* IPad Air 2 Wi-Fi models start at $499 for 16GB model, $599
for 64GB, $699 for 128GB; offered in gold, silver and grey
* IPad mini 3 has Touch ID Retina display, A7 chip, 5MP iSight
camera; available in gold, silver and grey
* Mini 3 Wi-Fi models start at $399 for 16GB, $499 for
64GB, $599 for 128GB
* Mini 3 Wi-Fi models start at $399 for 16GB, $499 for
64GB, $599 for 128GB</li></ul>
* IPad mini w/ Retina Display (now called iPad mini 2) starts
at $299
* Pre-orders of iPad Air 2, iPad mini 3 start tomorrow; see
statement
IMAC:
* 27-inch iMac w/ Retina 5k display comes w/ 3.5GHZ quad-core
Intel Core i5 processor, AMD Radeon R9 M290X graphics, has
5120 x 2880 resolution, uses 30% less power; see statement
* Starts at $2,499; begins shipping today
* Starts at $2,499; begins shipping today</li></ul>
* Mac mini update has 4th generation Intel Core processors,
Wi-Fi and Thunderbolt 2 and costs from $499-$999; see
statement
APPLE PAY:
* Available for U.S. consumers on Oct. 20; see statement
* Apple Pay available on iPhone 6, 6 Plus, iPad Air 2,
iPad mini 3
* Apple Pay available on iPhone 6, 6 Plus, iPad Air 2,
iPad mini 3</li></ul>
* AAPL said more than 500 new banks have agreed to participate
w/ Apple Pay
SOFTWARE:
* OS X Yosemite available today for free; see statement
* Features continuity among other Apple devices
* Features continuity among other Apple devices</li></ul>
* AAPL also made improvements on iOS 8 after user feedback
APPLE WATCH:
* AAPL reiterates Apple Watch will ship early next yr
DATA:
* AAPL 48 buy ratings, 11 holds, 5 sells, avg. PT ~$112:
Bloomberg data
* AAPL reports 4Q results Oct. 20
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
--With assistance from Beth Mellor in New York.
To contact the reporter on this story:
Jeran Wittenstein in San Francisco at +1-415-617-7203 or
jwittenstei1@bloomberg.net
To contact the editors responsible for this story:
Arie Shapira at +1-212-617-1488 or
ashapira3@bloomberg.net
Beth Mellor