AS IT HAPPENED: Apple launches new iPhone, Apple Watch models

Updated 13 September 2018
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AS IT HAPPENED: Apple launches new iPhone, Apple Watch models

CUPERTINO: 19:45 - And there we have it. Tim Cook brings an end to the launch of the brand new iPhone models and Apple Watch. Don't forget, those of you in Saudi Arabia and the UAE will start receiving yours from Sept. 21, with Oman and Bahrain getting shipments a week later.

19:30 - We have a "New Phone Alert"... Apple has announced its third new iPhone - the iPhone XR. It is made from aerospace grade aluminium, and has more durable glass. It will come in six colours - white, black, blue, coral, yellow, red. It has a fantastic-looking LCD display too...

19:25 - Good news for business/leisure iPhone fans - the iPhone XS has dual-Sim capability. This will mean you can use two phone numbers on the same iPhone at the same time. 

This dual-Sim capability will require support from carriers - which Apple says it is working on...

19:15 - Now for the important part - for most of us, anyway - what is the camera like? The new dual camera system on the iPhoneXS has a 12 mega-pixel-wide-angle and 12 mega-pixel telephoto camera, with an improved True Tone flash. The photos do look beautiful, in fairness...

19:05 - We are now being treated to gaming and sporting sides of the new iPhone. All very impressive technical detail and lovely images. Three players took to the stage to play an arcade shooter game at the same time, from three different phones.

Apple have got these product launches nailed down, that's for sure. It is addictive viewing, I can tell you...

18:55 - The important, behind-the-scenes changes to this phone are led by the inclusion of the A12 bionic chip. Both the iPhone XS and iPhone XS Max will have them. 

It is 50 per cent more energy efficient and faster than previous processor, with apps loading 30 percent faster. The A12 Bionic chip has an 8-core design - allowing it to run more advanced machine learning. Apple calls this a "breakthrough" and says performance is "unmatched."

18:50 - Apple’s facial recognition system, Face ID, is now even faster than ever before. All you have to do is look at your phone to unlock the device, and view notifications. Apple confirms it is the most powerful facial recognition system in any smartphone on the market.

18:45 - Now, we're on to the 5.8 inch and 6.5 inch, 3.3 million-pixel iPhone XS...a man called Phil is letting us know all we need to know about the "most beautiful phone Apple has ever created."

The screen is almost edgeless, and both the front and back are made from durable glass.  It comes in three finishes of gold, silver and space grey, and they are all protected with IP68, meaning they’re water resistant and dust proof.

18:40 - So, to summarise, the key features of the Apple Watch Series 4 include: Larger display, 2x faster performance, louder speaker, fall detection, can take ECGs and 18-hour battery life...and will be available in the UAE on September 21 on Etisalat...

18:30 - Best news for normal consumers like you and me, is that the battery life of the Apple Watch Series 4 will be 18 hours, with GPS life around about 6 hours - "perfect for marathons or long bike rides" we are told...

18:20 - The back of the Apple Watch is made from black ceramic and sapphire crystal, and allowed radio waves to pass through the front and back - improving cellular reception. It can even tell when you have had a fall or when your heart-rate is too low. The first ECG product to be available to consumers over-the-counter. Believe it or not... 

18:15 - Apple Watch Series 4 is revealed, a bigger screen with minimal changes to the case size. More information, in more detail on a redesigned watch-face. Speakers have been improved, meaning you can hear "Siri even louder" and "phonecalls evern clearer."

Apple are really plugging the "health and fitness" angle so far...

18:10 - Tim Cook reveals, in a very enthusiastic opening monologue, that Apple is about to shift its two billionth device. Impressive stuff. Stick with us through the back-slapping, we will be revealing product details soon...

18:05 - Tim Cook arrives on stage, and we're ready to go...

18:00 - We are currently being treated to a Mission Impossible-themed pre-event video. Very amusing...

Apple are ready to launch their newest iPhone models at their Cupertino headquarters. Follow us live for all the latest updates...

 


Brent oil trades near 4-year high, but US crude retreats

Updated 26 September 2018
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Brent oil trades near 4-year high, but US crude retreats

  • The US will apply sanctions to halt oil exports from Iran, the third-largest OPEC producer, starting on November 4
  • Brent is on course for its fifth consecutive quarterly increase, the longest such stretch for the global benchmark since early 2007

TOKYO: Brent crude was trading around its highest in nearly four years on Wednesday, while US crude futures fell as Washington tried to assure consumers that the market would be well supplied before sanctions are re-imposed on producer Iran.
Brent crude futures were up 10 cents, or 0.1 percent, at $81.87 a barrel by 0645 GMT, after gaining nearly 1 percent the previous session. Brent rose on Tuesday to its highest since November 2014 at $82.55 per barrel.
US crude futures were down 4 cents at $72.24 a barrel. They climbed 0.3 percent on Tuesday to close at their highest level since July 11.
The US will apply sanctions to halt oil exports from Iran, the third-largest producer in the Organization of the Petroleum Exporting Countries (OPEC), starting on November 4. The pending loss of Iranian supply has been a major factor in the recent surge in crude prices.
US officials, including President Donald Trump, are trying to assure consumers and investors that enough supply will remain in the oil market while requesting producers raise their output.
“We will ensure prior to the re-imposition of our sanctions that we have a well-supplied oil market,” Washington’s special envoy for Iran, Brian Hook, told a news conference at the United Nations General Assembly on Tuesday evening.
In an earlier speech at the UN, Trump reiterated calls on OPEC to pump more oil and stop raising prices. He also accused Iran of sowing chaos and promised further sanctions on the country.
The so-called ‘OPEC+’ group, which includes the world’s biggest producer Russia, met over the weekend but did not see the need to add new output as the market is well-supplied currently.
“The lack of new production growth guidance by OPEC does not reflect a desire to let prices appreciate meaningfully further, but rather the historical pattern of OPEC responding to rather than front-running production losses,” Goldman Sachs said in a report.
“We continue to expect that the decline in Iran exports will reach 1.4 million barrels per day, and while it is occurring faster than we had previously expected, we continue to expect it to remain offset by a faster ramp-up in production from other producers.”
The investment bank reiterated its view that “Brent prices will stabilize back in their $70-80/bbl range into year-end.”
Brent is on course for its fifth consecutive quarterly increase, the longest such stretch for the global benchmark since early 2007, when a six-quarter run led to a record-high of $147.50 a barrel.
Meanwhile, in the US, the world’s biggest oil user, an industry report on Tuesday showed crude stockpiles unexpectedly climbed last week.
Crude inventories rose by 2.9 million barrels in the week to Sept. 21 to 400 million, compared with analyst expectations for a decrease of 1.3 million barrels, the American Petroleum Institute said.
Official figures on stockpiles and refinery runs from the US Department of Energy’s Energy Information Administration are due at 10:30 a.m. EDT (1430 GMT) on Wednesday.