Apple launches smartwatch

The launching of Apple's first new product class in four years has divided critics.

CEO Tim Cook sought to prove that "innovation is alive and well" at Apple this week by launching the tech giant's first new product class in four years.

Apart from two new iPhone models with larger screens, the iPhone 6 and 6 Plus, consumers will be able to buy an Apple Watch next year. This is meant to be a lightweight complement to the iPhone, with many of the latter's apps, and it is also a fitness and health monitor.

Start your trial of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up
Latest Videos FromMoneyWeek
Andrew Van Sickle
Editor, MoneyWeek