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Gene Munster: iPhone 14’s Emergency SOS via satellite is a technological step forward

Apple’s new iPhone 14 series’ Emergency SOS via satellite “is a technological step forward for Apple and marks the first sleek form factor satellite offering apart from GPS.”

Gene Munster for Loup Funds:

• iPhone 14’s Emergency SOS with satellite connectivity: This is a technological step forward for Apple and marks the first sleek form factor satellite offering apart from GPS. Use cases: emergency workers, people in the backcountry and also a safety net for network quality issues in urban areas.

• Watch Ultra: Apple took a page out of Rolex’s marketing and elevated Watch’s advertising with extreme use cases like deep-sea scuba diving, marathon athletics and extreme sports.

• Product pricing maintained across the board: One of the great things about Apple is their excellence in navigating supply chain even in a climbing cost environment.

MacDailyNews Take: Apple’s maintaining of prices in the company’s major markets, even in an inflationary / recessionary environment was a major announcement made at the “Far Out” event. AAPL remains significantly undervalued.

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