Search Site

Trends banner

Eni profit falls due to dip in oil prices

Q2 net profit fell by 18% to $637 million.

Emirates NBD H1 profit $3.40bn

Total income rose by 12 percent in the same period.

ADIB H1 pre-tax profit $1.08bn

Q2 pre-tax net profit increases by 14 percent.

AstraZeneca to invest $50bn in US

Bulk of funds to go into a Virginia manufacturing center.

UAB net profit up by 50% for H1

Total assets increase by 11 percent.

Apple’s iPhone 13 set to capture 5G potential

Apple iPhone
Apple reports record quarterly earnings. File photo.
  • iPhone 13 will have custom 5G antennas and radio components
  • The Series 7 smart watch will feature a larger display and will start at $399

California-headquartered Apple Inc unveiled new and improved products including iPhone 13, Series 7 smart watch, and a new iPad mini on Tuesday in an event watched online by fans across the world.

The iPhone 13 will have a new chip called the A15 Bionic that will power features like automatically detecting when the phone’s camera is pointed at the text. Apple said the iPhone 13 will have custom 5G antennas and radio components for faster speeds and will come in five colors, according to media reports.

The phone will start at $699, and participating wireless carriers will offer up to $700 off for qualifying trade-ins. The iPhone 13 Pro starts at $999 and the Pro Max starts at $1,099, with trade-in offers of up to $1,000. All three models will be available from September 24.

The Series 7 smart watch will feature a larger display and faster charging. It will start at $399 and be available later this autumn.

The company also updated its iPad Mini with 5G connectivity and a reworked design that makes it look like the higher-end iPad Air and Pro models. Apple also updated its base-model iPad with a new camera for working and learning from home. The base model iPad starts at $329, and the Mini starts at $499. Both will be available next week.