This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Cramer's Action Alerts PLUS - See his portfolio and get alerts BEFORE every trade. Learn more NOW!

iPhone 4S: Photo, Prices and New Features

Apple iCloud and iOS 5 availability information has been added to this story. Click here for reader reactions: iPhone 5? Nope, 4S: Live Blog Recap

CUPERTINO, Calif. ( TheStreet) -- Apple's (AAPL - Get Report) hotly anticipated iPhone event on Tuesday marked the launch of the new iPhone 4S, a souped-up version of the tech giant's iconic phone.

Much to the disappointment of many Apple fans, there was no iPhone 5 at the company's Cupertino, Calif.-based launch event. The tech giant, however, unveiled a host of new features on the iPhone 4S.

Apple CEO Tim Cook talks about the iPhone 4S

These include a faster dual-core A5 chip which offers double the CPU speed and seven times the graphics power of the earlier iPhone. The iPhone 4S offers up to 8 hours of battery life.

As anticipated, the new phone contains an improved 8-megapixel camera, which Apple says can produce sharper, more accurate images. The tech giant has also built a 1080p HD video camera into the iPhone 4S.

While the iPhone 5 did not materialize on Tuesday, chatter that Apple was planning a "worldphone" proved to be true. Containing both GSM and CDMA antennas, the iPhone 4S can run on both U.S. and European networks. Apple also extended the reach of its iconic phone by adding Sprint (S) to its list of U.S. carriers.

In addition to its enhanced iPhone, Apple formally launched its iCloud service on Tuesday, along with iOS 5 on the new phone, which it is touting as the world's most advanced mobile operating system.

Apple revealed that iCloud, which was first announced at the company's Worldwide Developers' Conference (WWDC) in June, will be available on Oct.12 as a free download to iPhone, iPad or iPod Touch users running iOS 5 or a Mac running OS X Lion with a valid Apple ID. iOS 5 will be available on the same date as a free software update for iPhone 4S, iPhone 4, iPhone 3GS, iPad 2, iPad and iPod touch users, it added.

"iPhone 4S plus iOS 5 plus iCloud is a breakthrough combination that makes the iPhone 4S the best iPhone ever," explained Philip Schiller, Apple's senior vice president of worldwide product marketing, in a statement.

Pricing for the iPhone 4S starts at $199 for a 16-Gbyte version of the phone, rising to $299 for a 32-Gbyte phone and $399 for a 64-Gbyte device. The phone, which can be pre-ordered from Oct. 7, will be available on Oct. 14.

Apple also cut the price of its iPhone 4 to $99 and announced that its iPhone 3GS will be free with a two-year contract.

Investors, however, were underwhelmed by the iPhone 4S news. The company's stock closed down $2.1, or 0.56% at $372.50 on Tuesday.

-- Written by James Rogers in New York.

>To follow the writer on Twitter, go to http://twitter.com/jamesjrogers.

>To submit a news tip, send an email to: tips@thestreet.com.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.43 -1.54%
S $4.74 -0.32%
FB $82.16 -1.20%
GOOG $548.00 -0.73%
TSLA $188.77 -0.94%

Markets

DOW 17,776.12 -200.19 -1.11%
S&P 500 2,067.89 -18.35 -0.88%
NASDAQ 4,900.8850 -46.5560 -0.94%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs