Apple releases iPhone X with facial recognition and £999 price tag

Conor Coyle Sharecast | 13 Sep, 2017 09:41 | | |

iphone x 999 dolares
  • 151.89
  • -0.98%-1.50
  • Max: 152.27
  • Min: 150.56
  • Volume: 46,594,272
  • MM 200 : n/a
23:26 22/09/17
  • 22,349.59
  • -0.04%-9.64
  • Max: 22,399.33
  • Min: 22,314.68
  • Volume: 0
  • MM 200 : n/a
23:10 22/09/17
  • 2,502.22
  • -0.24%-6.02
  • Max: 2,503.47
  • Min: 2,496.54
  • Volume: 0
  • MM 200 : n/a
21:27 22/09/17
  • 5,932.32
  • -0.04%-2.59
  • Max: 5,937.59
  • Min: 5,911.48
  • Volume: 0
  • MM 200 : n/a
23:26 22/09/17
  • 1,106.61
  • -0.32%-3.55
  • Max: 1,107.17
  • Min: 1,104.23
  • Volume: 0
  • MM 200 : n/a
21:26 22/09/17

US tech giant Apple released the latest version of its flagship iPhone device on Tuesday - the iPhone X.

Pronounced as the iPhone ‘ten’, the new smartphone will feature a facial recognition system and has done away with the home button in favour of an all-screen offering.

The new phone will also feature wireless charging for the first time, with the option of charging the device through a new 'mat' system.

With the 64 gigabyte version costing UK consumers £999 and a 256 gigabyte version as much as £1,149, it is the company’s most expensive iPhone to date and will cost more than some of the lower-range MacBook laptops made by Apple.

Reaction to the release of the iPhone X as well as the iPhone 8 and 8 Plus has been mixed, with some experts describing the former as ‘revolutionary’, while some say there are few new features to get fans excited.


Apple CEO Tim Cook described the smartphone as 'the biggest leap forward since the original iPhone'.

Analysts were unconvinced however that the company's move further into the upper range of smartphones would send its share price higher in the short-term.

"We expect Apple’s stock to be range bound and not exhibit much upward mobility in the very near term," Barclays said.

While the company's shares had enjoyed a meteoric rise on Wall Street in 2017, Barclays added that "there is no untapped segment offering high growth, high profits for IPX to unlock."

Other updates were announced at the event held in Apple’s California headquarters, including its new Apple Watch, which will allow users to make calls without having to be connected to an iPhone.

The company's share price ended lower on Tuesday after initial optimism was offset by delays to the release date of the iPhone X, which will not reach consumers until 3 November.

Stock in Apple ended the Tuesday session 0.40% lower to $160.50, albeit just off its 52-week highs of $164.94.

More news

24 Sep Sunday share tips: Stobart Group, 1pm

Stobart Group shares were a 'sell' in the Sunday Times' Inside the City column, sparked by a share sale by former boss Andrew Tinkler to cut his stake to 5.3%.

24 Sep Tullow Oil to restart production from TEN following TLOS ruling

Tullow Oil will begin drilling at its TEN fields offshore Ghana following a favourable ruling by the Special Chamber of the International Tribunal of the Law of the Sea at the weekend.

24 Sep US close: Stocks end on mixed note, North Korea threats weigh

Wall Street ended the session on a mixed note, with a threat from North Korea's top diplomatic official weighing on sentiment.

24 Sep Sunday newspaper round-up: UK property, Treasury, Brexit, banks, Ladbrokes

Foreign buyers will face tougher restrictions on purchasing British property under plans being worked up by the Treasury in an attempt to help first time buyers. Policies could be announced within weeks as getting younger Britons on the housing ladder becomes a major part of the Tories autumn political drive. - Sunday Telegraph

22 Sep Europe close: Stocks finish higher on strong PMI readings

Stocks on the Continent finished mostly higher on the back of strong survey readings on the euro area's manufacturing and services sector and ahead of the German general elections at the weekend, although fresh barbs from Pyongyang were a drag on sentiment.

22 Sep Thousands of steel workers protest ThyssenKrupp merger in Germany

Thousands of steel workers gathered in Western Germany on Friday to protest the proposed merger of ThyssenKrupp and Tata Steel's European operations which was expected to result in approximately 4,000 job losses.

22 Sep London Close: FTSE firmer as pound losses ground after May speech

London stocks had reversed earlier losses to trade a little higher by Friday's close, helped along by a weaker pound as investors weighed up a key speech by Prime Minister Theresa May.

22 Sep JP Morgan Chase to establish global headquarters in Warsaw

Polish Deputy Prime Minister Mateusz Morawiecki announced on Friday that US bank JP Morgan Chase had picked Warsaw to play host to its new global operations centre, bringing thousands of jobs to the region from the beginning of 2018.

22 Sep FTSE 250 movers: Pets at Home dashes higher, oilers also lifted

The FTSE 250 index was on the front foot on Friday, led by retailer Pets at Home and a group of oil-related companies.

22 Sep Theresa May calls for post-Brexit transition period, new security treaty

In a speech in Florence on Friday, Prime Minister Theresa May confirmed that she wanted a two-year "implementation period" post-Brexit and a new treaty with the European Union on security and justice.