Apple Pencil With USB-C Port Is The Most Affordable Yet But Misses Out On Some Key Features
Portfolio Pulse from Rounak Jain
Apple Inc. (NASDAQ:AAPL) has launched a more affordable variant of the Apple Pencil with a USB-C port. The third-generation Apple Pencil, priced at $79, promises high precision, low latency, and tilt sensitivity. It is compatible with all iPad models equipped with a USB-C port and is expected to be available in early November. However, some features present in the second-generation stylus have been cut back.
October 17, 2023 | 2:27 pm
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Apple's launch of a more affordable Apple Pencil could attract more customers, potentially boosting sales. However, the cutback on some features could deter some potential buyers.
The launch of a more affordable Apple Pencil could attract more customers, potentially boosting Apple's sales. However, the cutback on some features, such as magnetic wireless charging, wireless pairing, double-tap to change tools, and pressure sensitivity, could deter some potential buyers who value these features. Therefore, the impact on Apple's stock price could be neutral in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 100