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New versions of AirPods and the high-end AirPod Max were also unveiled.

The companys best-selling earbuds model, the AirPods Pro 2, did not receive a full-scale upgrade.

Nevertheless, some innovative tweaks to its software enable it to serve as a hearing aid.

Apple CEO Tim Cook speaks before the company’s “Glowtime” product event at its Cupertino, CA headquarters.

Apple CEO Tim Cook speaks before the company’s product eventJustin Sullivan/Getty Images

It also includes hearing protection tools and can administer a medically vetted hearing test.

The performance of the iPhone has an outsized influence on Apples overall financial state.

Services is the next-highest-grossing division, collecting $24.2 billion in quarterly revenue.

Tom Hanks in a scene from the 2020 movie Greyhound

Investors didnt seem to be overly enthusiastic about the news coming out of the event.

Shares in Apple declined 1% to $217.56 as it unfolded.

They came into todays trading up 15% in 2024 to date.