Apple’s new gadgets show benefits of diversifying supply chains to India

CUPERTINO: Apple launched new smartphones Wednesday at prices similar to recent models despite inflation and supply chain woes, while unveiling a premium digital watch with a price tag to match.

While a 90-minute presentation at the company’s California headquarters did not include any surprise reveals, the tech giant did unveil a new digital identification system to obviate the need for a physical sim card.

The company’s newest smartphone, the iPhone 14, costs $799 for the base model — the same price as the current version, while a premium iPhone 14 Pro Max will go for $1,100.