Apple Inc. launches iPhone 5C at $99, pricier iPhone 5S at $199
Reuters | Cupertino (California) | Updated: Sep 11 2013, 11:25 IST
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People
check out several versions of the new iPhone 5C after Apple Inc's media
event in Cupertino (right) and new iPhone 5S (left). (Reuters)
SummaryApple unveils high-end iPhone with fingerprint scanner and cheaper, colorful model for emerging mkts.
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Apple iPhones: Past and the present
Apple did not disclose pricing in China, its largest market, or whether it had sealed a long-awaited distribution agreement with China Mobile Ltd, although pricing is likely to be released at a Beijing media event scheduled for later on Wednesday.
Details of the two models, the 5S and the 5C, had been telegraphed ahead of time in several media reports, leaving the launch devoid of major surprises, and Apple shares dropped more than 2 per cent.
In Pics: Highlights of iPhone 5S, 5C
The "iPhone 5C" comes in five colors -- blue, green, pink, yellow and white -- and starts at $99 with a contract. U.S. phones are also available for $549 without a contract, a higher-than-expected price that is important because many emerging markets sell such so-called 'unlocked' phones. Actual prices in emerging markets have not been disclosed.
"Previously we thought the 5C would be a lower-end phone to address emerging markets like China and India," said Gene Munster, analyst with Piper Jaffray, adding that based on the price it appears that Apple "still plays in the higher end of the market."
The pricier "5S" begins at $199 with a contract and also comes in three colors - gray, silver and gold - and sports expected improvements in processor speed, an improved camera along with a fingerprint-scanner that can unlock the phone with just a touch.
Apart from a more powerful processor than in the 5C, it embraces other cutting-edge features such as a dedicated "M7 Motion co-processor" chip, which can track motion data continuously without heavily draining the battery. The chip opens the door for the iPhone to better track sports and fitness-related user activity.
"For me this is an Apple brilliance where you see them going after the wearable device in a way that makes sense to them today, which is by not adding a device that
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