Apple Still Has A Lot to Prove to Wall Street

Apple unveiled its new, larger iPhones as well as the Apple Watch, a wearable device that marks the company’s first major new product since the iPad’s debut in 2010. The iPhone 6 will have a screen that measures 4.7-inches and the iPhone 6 Plus will be 5.5 inches. With a two-year contract, the iPhone 6 will cost $199 for a 16GB model; the iPhone 6 Plus is $299 for 16GB. The Apple Watch comes in stainless steel or 18K gold as well as interchangeable bands and starts at $349. The company also unveiled Apple Pay which lets consumers make purchases with their iPhones.