Apple's iPhone 12 event

By Rishi Iyengar and Kaya Yurieff, CNN Business

Updated 4:41 p.m. ET, October 13, 2020
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4:11 p.m. ET, October 13, 2020

Apple tries to make the iPhone less wasteful

From CNN Business' Clare Duffy

Apple will ship the iPhone 12 without headphones or a charging brick, a move aimed at cutting down on waste.

More than 2 billion Apple power adapters are out in the world, and many customers already have wired headphones or AirPods, vice president of environment, policy and social initiatives Lisa Jackson said.

"Removing these items also means a smaller, lighter iPhone box," Jackson said. "We can fit up to 70% more items on a shipping pallet," reducing shipping emissions.

The new iPhone also uses 100% recycled rare earth elements for all magnets, including in the camera and haptics.

The changes will cut out 2 million metric tons of carbon emissions created by iPhone production and shipping annually, Jackson said. By 2030, Apple plans to have net zero climate impact across its entire business, including its manufacturing supply chain and all devices.

2:05 p.m. ET, October 13, 2020

iPhone 12 Pro & Pro Max are all about the camera

From CNN Business' Kaya Yurieff

iPhone 12 Pro and iPhone 12 Pro Max boast a better camera and larger screen.

The high-end models come in four colors: silver, black, gold and blue. The Pro version has a 6.1 inch display and the Pro Max has a 6.7 inch display, both of which are larger screens than their predecessors.

As with many flagship phones, a big focal point is the camera -- it has a wider camera, better optical zoom range, and its lens lets in 27% more light. It features image stabilization for shaky hands or a bumpy car ride.

2:57 p.m. ET, October 13, 2020

iPhone 12, but make it mini

From CNN Business' Kaya Yurieff

With dramatic James Bond music playing in the background, Apple opened a metal briefcase to reveal the iPhone 12 mini.

It has the same features as the iPhone 12, including 5G, a dual camera system, and the phone-protecting ceramic shield material. But it's smaller and lighter than the larger version, and features a 5.4 inch display.

iPhone Mini starts at $699, while iPhone 12 starts at $799.

1:45 p.m. ET, October 13, 2020

Apple's latest technology: Magnets

By CNN Business' Rachel Metz

Apple is adding a magnet to the back of the iPhone 12 to make it line up better with wireless chargers, for more efficient charging. This also enables certain accessories to snap on to the back of it, like a slim wallet the company showed off, and will allow wireless charging to work through some accessories.

2:14 p.m. ET, October 13, 2020

'League of Legends' got a cameo in today's Apple event

From CNN Business' Shannon Liao

Apple specifically chose to highlight the forthcoming "League of Legends: Wild Rift" to showcase the iPhone 12's gaming capabilities. "League," the wildly popular online multiplayer game, has been a PC-only game for over ten years, and later this year it's finally coming to mobile, to both iOS and Android, reaching a whole new audience of over a billion users.

Putting the spotlight on "Wild Rift" is an interesting choice considering Apple might have promoted its Apple Arcade subscription service, which offers a curated collection of mostly indie game titles. Today, Apple chose instead to focus on an unreleased title that so far hasn't been announced for Apple Arcade at all. It didn't choose one of its current successes such as the extremely lucrative "Genshin Impact" or a long-term moneymaker like "Pokémon Go."

And it certainly didn't choose "Fortnite," which is currently not available in the App Store due to an ongoing legal battle between Apple and "Fortnite" creator Epic Games.

Last week a judge ruled last week that "Fortnite" would stay off of Apple's phones while the companies battle over the lawsuit.

1:42 p.m. ET, October 13, 2020

Apple makes big claims about its 14 Bionic chip

From CNN Business' Rachel Metz and Kaya Yurieff

Apple claims the iPhone 12's new A14 bionic is the fastest processor ever in a smartphone.

Here are some of the highlights from Apple's presentation:

  • A 6-core CPU, faster than any smartphone chip, Apple says.
  • A 4-core GPU, which is better for machine learning and advanced games. And fastest GPU in any smartphone, delivering faster graphics, Apple says.
  • Apple says it has has dramatically increased the performance of the neural engine from 8 to 16 cores, which should dramatically speed up its ability to process AI-related operations.
1:32 p.m. ET, October 13, 2020

The new iPhone 12 may be a blast from the past

From CNN Business' Shannon Liao

The new iPhone 12 was just announced by Apple. It's getting five colorful options: black, white, red, green and blue. The red is branded Apple's (PRODUCT)Red, which donates proceeds to fighting HIV and AIDS.

The phone is also thinner and smaller than the iPhone 11, meaning fans of Apple products who have been asking for smaller phones are finally getting what they want.

The smaller design and noticeably flatter edges recall earlier iPhone models like the iPhone 4.

1:26 p.m. ET, October 13, 2020

Verizon lights up 'nationwide' 5G for the iPhone 12

From CNN Business' Clare Duffy

Verizon (VZ) is touting its 5G network following the announcement of the first 5G iPhones. 

Verizon on Tuesday announced the launch of its “nationwide” 5G network, which covers more than 200 million people in 1,800 cities across the country. Competitors AT&T and T-Mobile previously announced nationwide 5G networks. These networks are built using lower frequency spectrum bands, meaning signals travel farther but provide only a relatively small jump in speeds compared to 4G. 

Verizon also announced its superfast, “wide band” 5G network is now available in 55 cities, 43 stadiums and arenas and seven airports. This network will allow for dramatically faster uploads and downloads, improved live gaming and other perks. 

We can finally say, 5G just got real,” Verizon CEO Hans Vestberg said during the Apple event.

Mobile providers are counting on the 5G iPhone to help increase adoption of the new wireless network technology.

1:26 p.m. ET, October 13, 2020

Meet the iPhone 12 with 5G

From CNN Business' Kaya Yurieff

The iPhone 12 has two cameras, and it features smooth, flat edges, so the phone is flush in the front and back. It's thinner, smaller and lighter than the iPhone 11, and has double the pixels.

iPhone 12 comes in black, white, red, green and blue.

It also features an upgraded XDR display and a new, tougher screen material that Apple is calling "Ceramic Shield." Apple says that makes its glass more durable, and it had four times better drop performance.