Apple launched several new products Tuesday, including the long-awaited 5G-capable iPhone 12 during the computer giant’s “Hi, Speed” live streaming event.
Shares of the Cupertino, Calif., tech company at last check were off 2.7% at $121.10.
Apple unveiled four different iPhone models, including the iPhone 12 mini, a 5.4-inch model starting at $699; a 6.1-inch device starting at $799, a 6.1-inch Pro model starting at $999, and a 6.7-inch pro model starting at $1,099.
Apple Chief Executive Tim Cook, who hosted the event, confirmed that 5G support is coming to the full lineup of new iPhones.
Verizon CEO Hans Vestberg appeared at the event, declaring that “5G just got real.”
Vestberg said the service would reach 60 cities by year-end. Verizon is also turning on its low-band 5G network in more than 200 cities to offer broad