Apple iPhone 12 5G Line Wins Praise for Lower Prices, New Sizes
- Analysts say cheaper iPhone 12 mini may spur more upgrades
- Company shows off Pro Max handset with largest display ever
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Apple Inc.’s latest iPhones won Wall Street over by dint of lower prices and a major design overhaul, fueling expectations of a new cycle of sales growth for the world’s largest corporation.
At a virtual event on Tuesday, the company showed off the iPhone 12 in black, red, blue, green and white with a 6.1-inch screen, part of the biggest re-design of Apple’s signature device in three years. It starts at $799 but a smaller version, the iPhone 12 mini, costs $699.