Apple Introduces Apple Watch, Bigger iPhones, Digital Wallet


Apple planted its foot firmly today in three incredibly profitable industries — luxury fashion, health care and payments — as well as one incredibly new one.

At an event on Tuesday, Apple started by introducing two new larger-screen phones, the iPhone 6 and the iPhone 6 Plus. The new iPhones come equipped with near-field communication, a short-range wireless technology called NFC for short and a mobile-payments digital wallet. Under Apple’s branding, the system is called ApplePay.

“Today we are launching the biggest advancement in the history of iPhones,” CEO Tim Cook said from the stage.

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