Apple (NASDAQ:AAPL)

Apple (NASDAQ:AAPL) announced two new smartwatches on September 7: the Watch Series 8 and the Watch SE. In addition, apple also unveiled the Apple Watch Ultra at the event. The Series 8 Apple Watch boasts a robust, crack-resistant face crystal and a large Always-On Retina display. In addition, the smartwatch promises to have an 18-hour battery life.

Temperature sensing, retroactive ovulation estimations, Crash Detection, and international roaming join Apple’s newest smartwatch’s health and safety features, including an electrocardiogram (ECG) app and fall detection.

Apple Watch SE has activity tracking, high and low heart rate notifications, Emergency SOS, Crash Detection, and a redesigned and enhanced rear cover. In addition, the Watch SE is available for a lower price of $249. The new Lunar and Metropolitan watch faces, an updated Workout app, sleep phases, a first-of-its-kind AFib History feature, and a brand-new Medications app are all part of watchOS 9, which works on the Apple Watch Series 8 and Apple Watch SE.

Both smartwatches will be available for purchase on September 16. Apple’s (NASDAQ:AAPL) newest Apple Watch, the Watch Ultra, sports the most prominent and brightest Apple Watch display to date and is intended for endurance, exploration, and adventure, with a 49 mm titanium case and flat sapphire front crystal. The Apple Watch Ultra has a battery life of up to 36 hours. In addition, the smartwatch’s new low-power mode extends battery life by up to 60 hours.

The Wayfinder watch face is specific to Apple Watch Ultra and has a compass incorporated into the dial and space for up to eight complications; it was designed for the bigger Apple Watch Ultra display. In addition, the Apple Watch Ultra offers three different bands in addition to the basic bands: the Trail Loop, the Alpine Loop, and the Ocean Band.

The Apple Watch Ultra will be available for purchase on September 23.

Introducing Apple’s New Watches: A Bolt To Smartwatch Industry Dominance

Apple (NASDAQ:AAPL) is unsurpassed in the field of smartwatches. According to Markets & Markets, the wearables market will increase at an 18% CAGR between 2021 and 2026, reaching $265.4 billion by the conclusion of that period. Apple’s (NASDAQ:AAPL) newest smartwatches will solidify the company’s market leadership. In the company’s fiscal third quarter of 2022, the rate of Apple Watch adoption surged considerably. In the reporting quarter, more than two-thirds of Apple Watch sales were first-time buyers.

According to research company Counterpoint, Apple (NASDAQ:AAPL) had 29% of the market in the three months ending June 2022. Despite economic problems like rising prices and geopolitical upheavals, the global smartwatch market grew 13% in the second quarter.

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