Apple (AAPL) on Tuesday unveiled a smartwatch that it hopes will redefine the wearable device category and give the company a lucrative new product line to boost sales and profits as the smartphone market matures. The Apple Watch is the company’s first new product category since it launched the iPad tablet more than four years ago under legendary co-founder and CEO Steve Jobs. At a media event in Cupertino, Calif., Apple also
Attention shoppers: Apple on Tuesday unveiled tap-to-pay technology for using iPhones to buy things. The company said “Apple Pay” will be available in October as a free update to its iOS 8 software. Apple’s (AAPL) push into mobile payments isn’t expected to power earnings growth, analyst say. But Apple’s digital wallet will likely re-energize the iOS ecosystem’s cool factor, amid rising smartphone competition. That, of course, depends on how many
In Apple’s biggest product launch event since the death of its legendary co-founder and CEO Steve Jobs, Apple (AAPL) on Tuesday unveiled a family of smartwatches, a mobile e-payment service and two larger screen iPhone 6 smartphones. Apple’s smartwatch, called Apple Watch, features a new user interface and specially designed apps for viewing on the small wrist screen. It also doubles as a health and fitness tracker. Users interact with the watch