Apple Set to Launch 3 New Versions of iPhone

The transcript discusses Apple's upcoming major announcement, focusing on significant design changes to the iPhone, including the removal of the home button and the introduction of facial recognition technology. It highlights the importance of the iPhone to Apple's revenue and profit. The discussion also covers the expected pricing of the new models, with the top-end model rumored to exceed $1000, and Apple's strategy to maintain high margins in a competitive industry.

What is the anticipated price range for the new iPhone models?

How has Apple managed to maintain high profit margins compared to the industry?