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Who is the US Highest-Paid CEO Earning More Than Tim Cook, Bob Iger, Satya Nadella?

May 5, 2025, 11:24 pm

As per a market intelligence agency, Anderson, the Highest-Paid CEO who took over the reins of the Pennsylvania-based company in June 2024, bested famous personalities such as Nvidia CEO Jensen Huang ($34.17 million), Microsoft CEO Satya Nadella ($79.1 million), Apple CEO Tim Cook ($74.6 million), Disney CEO Bob Iger ($40.6 million), and Starbucks CEO Laxman Narasimhan ($95.8 million).

According to the Equilar 100 list, which tracks CEO compensation for US public companies with revenues of more than $1 billion annually, Anderson was the only executive on the list to break the prized nine-digit mark.

Far more surprising is the fact that lucrative perks and an extremely high earnings level were not the motivating drivers for this incredible compensation. Stock awards were bestowed on nearly every dollar of Anderson’s compensation (99.4%), which represents proof of increasing practice of associating executive reward with long-term shareholder value as well as company performance.

Who is Jim Anderson? CEO of Coherent Since 2024

Anderson’s rise to the top is not an accident. He came into Coherent Corp. in mid-2024 after he left his CEO position at Lattice Semiconductor, where his leadership had a major bearing on the company’s stock performance.

Lattice’s shares dropped 16 percent following his departure from the company, reflecting investors’ fear. Wall Street, however, thought differently, as the company’s stock went up by a record 23% when the news of Anderson’s move was announced to Coherent. The rise suggests that Wall Street believes Anderson will be able to do the same at Coherent that he did at Lattice.

Did Sundar Pichai, Brian Niccol Steal any Spot at Highest-Paid CEOs list?

Interestingly, Google CEO Sundar Pichai is not included in the top 100. Alphabet, Google’s parent company, reported Pichai’s 2024 compensation in its 2025 Proxy Statement.

Pichai’s overall compensation for 2024 is $10.72 million, a significant decline from his $226 million earnings in 2022. This is largely due to the fact that Pichai did not receive the triennial stock award in the previous reporting period.

With a total of $95.8 million payment in 2024, Starbucks CEO Brian Niccol was placed second on the list of the highest-paid CEOs. Like Anderson, Niccol earned over 90% of his compensation as stock-based incentives. Since becoming the CEO in September 2024, Niccol demonstrated that he is able to boost the value of the company.

Tim Cook: China No Longer a Low-Cost Labor Hub Amid Trade Tensions | WATCH

April 14, 2025, 1:18 pm

As worldwide discourses about lowering reliance on Chinese production become more vocal, an old video with Apple CEO Tim Cook surfaced online yesterday providing new insight into why Apple still bases much of its production on China’s manufacturing.

In the video, which has gone viral on social media, Cook refutes the popular belief that China is so appealing to businesses due to the low cost of labour. Rather, he identifies the nation’s strong industrial base and skilled talent pool as the reasons.

“There is a misunderstanding about China. And let me at least give you my view. The common perception is that firms go to China due to low labor costs. I don’t know what part of China they go to, but the fact is China ceased to be a low labor cost nation many years ago,” Cook says.

Why Apple Still Manufactures in China

Tim Cook further explains that the strength of China is in its tooling skills and the very high density of skilled labor, both required to meet Apple’s high-precision manufacturing requirements.

The reason is due to the skill, the amount of skill in one place, and the nature of the skill it is. It is similar to the products we do need truly sophisticated tooling and the accuracy that you must have in tooling and material working with that we do are leading edge,” he adds.

Making a tongue-in-cheek comparison between China and the U.S., Cook states, “If you look at the U.S., you could have a meeting of tooling engineers and I’m not sure we could fill a room. In China, you could fill multiple football fields.”

Netizens Agree

The video created a flurry of online sympathy and commentary by users, who echoed Cook’s sentiments regarding the complexity of manufacturing today.

Watch:

Tim Cook breaks down why Apple builds in China and why the U.S. isn’t ready to replace it yet.

pic.twitter.com/OiEpyIEZlN

— Nigel D’Souza (@Nigel__DSouza) April 11, 2025

“Any factory work takes an enormous amount of discipline. Around 20 years ago, I did an internship with a multinational tyre factory. The amount of precision, physical endurance and discipline to carry out that work was just crazy,” said one user.

Another user commented, “True, it’s about speed, scale, and precision. China has a huge talent pool of top-notch tooling and manufacturing engineers. It’s not merely labor; it’s a complete system built up over decades with deep supply chains and quick turnaround that’s difficult to replicate elsewhere.”

A third added, “Totally agree with Tim. Businesses took advantage of China’s low-cost labor in the past, but it was China’s quick advancement of manufacturing technology that put it so far ahead of the US and Germany’s of the world.

US-China Trade War

The recently resurfaced video arrives amid increased trade tensions between China and the United States. During the administration of former President Donald Trump, the U.S. placed tariffs ranging up to 145% on Chinese products, prompting China to impose up to 125% retaliatory tariffs on U.S. exports.

Trump also imposed a 10% tariff on imports from other nations, although this was put on hold temporarily for some countries by way of a 90-day grace period.

While the American government says that these trade measures are intended to revive local industry and protect American jobs, economists have expressed fears that they could destabilize world markets and result in higher prices for shoppers.

Tim Cook Teases New Product Launch, iPhone SE 4 Expected on February 19th

February 14, 2025, 1:36 pm

Apple boss Tim Cook made headlines after intimating about releasing a huge product on February 19. The X post indicating the CEO foretold Apple gaining another sibling with the iPhone SE 4 as the likely candidate for being it. Looking to spruce up Apple’s low-budget line of iPhones, the iPhone SE 4 promises to attract price-conscious Android patrons eager for cheap access into Apple.

Although Apple hasn’t made any official statements regarding the device, rumors and inside sources give us a clear picture of what is to come. The new iPhone SE 4, which might also be referred to as iPhone 16E, is predicted to come in a shiny new design, differing from the now retro-looking present model. It is set to include a 6.1-inch OLED screen, which will have improved image quality compared to the existing LCD screens.

The look will supposedly be similar to the iPhone 14, featuring flat edges and potentially a notch. This would most likely dispose of Touch ID in favor of Face ID, ending the physical Home button on the SE line.

Beneath the hood, the iPhone SE 4 will be expected to use the A18 chip, which is the same processor rumored for the iPhone 16 devices, for improved performance and the potential for AI-driven capabilities. Combined with 8GB of RAM, twice that of today’s SE, the phone will provide easier multitasking and extended software support. Storage sizes should start at 128GB, as Apple discontinued lower storage capacities.

For photography, the SE 4 will probably stick with the single-lens rear camera, but with a major upgrade to 48MP, which is a big increase from the present model. The 12MP front camera will enhance selfies and video calls. The device will also have a larger 3,279mAh battery, with all-day battery life thanks to the power efficiency of the A18 chip.

Among the major changes is the adoption of USB-C charging, thanks to EU regulation, and the possible addition of Apple’s initial in-house 5G modem to minimize its dependence on Qualcomm. Other options are Wi-Fi 6 compatibility, IP68 water resistance as well as dust resistance, and an Action Button, similar to the one on iPhone 15 Pro series.

The iPhone SE 4 should be priced between $499 and $549, slightly more than the existing SE, but less expensive than top models.The release date in reality should be spring 2025, or March or April, according to traditional SE release patterns.

Since Apple is aiming to update its budget line, the iPhone SE 4 can be the lowest-priced but most powerful iPhone. The 19th of February will confirm whether Tim Cook’s hints were about the SE 4 or any other surprise.

Apple Focused on India, Cook Announces Apple Intelligence Will Launch for Indian Users in April

January 31, 2025, 2:21 pm

Apple CEO Tim Cook confirmed that the company’s AI platform, Apple Intelligence, will launch in localized English for India in April, along with several other languages. These include French, German, Italian, Portuguese, Spanish, Japanese, Korean, and simplified Chinese. Cook also highlighted the importance of India to Apple’s strategy, noting that the country and Singapore are being given particular attention.

India is a significant market for Apple, and Cook mentioned that the iPhone’s active installed base has hit an all-time high around the world with good sales in markets like the US, China, India, the UK, France, Australia, and Japan. Reflecting its growing presence, India has set a record in the December quarter with the iPhone being the top-selling model.

To further consolidate its position, Apple is going to open four new stores in India. India ranks as the second-largest smartphone market and also has the third largest for PCs and tablets. At this stage, Apple’s market share is still modest, which means that growth potential is very high.

The company’s CFO, Kevan Parekh, said that the company has performed well in emerging markets, including India. Parekh said the adoption of Apple products by enterprises is increasing. For instance, he said, thousands of Macs are used across Zomato’s workforce. Parekh was optimistic about Apple’s future performance in emerging markets, confident that strong revenue and margins put the company on the right path, especially in India.

The obvious bet of Apple is to put all its hopes on the large market in India with the new expansion plans and the release of Apple Intelligence. According to Cook and Parekh, “India is an important opportunity in the long term and the company has focused on momentum building”.

Tim Cook to Donate $1 Million to Donald Trump’s Inauguration Fund | Report

January 4, 2025, 12:55 pm

Apple CEO Tim Cook has promised to donate $1 million from his personal wealth to support the inauguration fund of U.S. President-elect Donald Trump ahead of his swearing-in on January 20, according to a report by Axios. Cook’s donation is part of contributions from other prominent figures and companies to the inauguration committee, including Amazon, Open AI, Toyota Motor of North America, and crypto firms Kraken, Ripple, and Ondo.

Cook said he considers the inauguration to be an important American tradition and is giving to the “spirit of unity.” Apple, though, as a company, is not donating; the company is actually the largest U.S. taxpayer.

In related news, Cook’s donation comes barely a month after Apple settled for $95 million in a class-action lawsuit alleging that the tech company had used its virtual assistant Siri to secretly record users. The case argued that the tech company secretly turned on Siri and recorded conversations of users for more than ten years. The company has not admitted wrongdoing, but the settlement could let millions of Apple customers file claims for up to $20 per device, pending approval by a California federal court. Only a small percentage of eligible consumers are expected to make claims, according to court documents.

Other Major Donations

Other corporations and high-profile individuals have also made significant contributions to Trump’s inauguration fund. Toyota Motor of North America pledged $1 million, joining Ford Motor and General Motors, who are also providing vehicles for the event.

Retail trading platform Robinhood Markets gave $2 million, and the ride-hailing company Uber Technologies, along with its CEO Dara Khosrowshahi, also pledged $1 million. The e-commerce giant Amazon will contribute $1 million, and broadcast the inauguration on its over-the-top service, Prime Video.

Another big name who will donate $1 million is Ken Griffin, founder of Citadel LLC hedge fund, though he had not donated to Trump’s presidential campaign prior to the election.

Tim Cook Planning To Step Down? Here’s What The Apple CEO Said About Him Quitting

December 5, 2024, 4:03 pm

Apple CEO Tim Cook, who has led the multi-trillion-dollar company for 13 years, frequently faces questions about how long he plans to remain in his role. In an interview with Wired, Cook addressed this query, expressing his deep connection to the company. He shared that he, “loves this place,” adding that “it’s a privilege of a lifetime to be here.”

‘It’s time’

Despite addressing the question, Apple CEO Tim Cook refrained from providing a definitive timeline for his tenure. Instead, he offered a glimpse into his thought process about stepping down, saying, “I’ll do it until the voice in my head says, ‘It’s time,’ and then I’ll go and focus on what the next chapter looks like.”

Must Read: Realme 14x to Launch Soon in India with Promising Features

Reflecting on his long and impactful journey with Apple, Cook admitted that imagining a life without the company feels almost impossible. He explained that Apple has been at the core of his professional and personal life for so long that it has become inseparable from his identity.

The Journey with the Apple

After more than two decades with Apple, Tim Cook emphasized that his passion for the company remains as strong as ever. Reflecting on his journey, which began in 1998, Cook remarked, “My life has been wrapped up in this company since 1998,” underscoring the deep connection between his career and personal growth with Apple.

Under Cook’s leadership, Apple introduced groundbreaking products such as AirPods and the Apple Watch. However, he has also voiced concerns about the growing issue of excessive screen time. “If you’re looking at your phone more than you’re looking in somebody’s eyes, that’s a problem,” he cautioned.

Also Read: Apple Watch Calls 911 After Indian Founder’s Car Crash In The US, Saves His Life

India Drives Apple’s Growth, Mac Sales Reach Record in June Quarter

August 2, 2024, 6:42 pm

Apple reported record quarterly revenues in India and other emerging markets, contributing to a better-than-expected June quarter overall. The iPhone maker announced a 5% year-over-year increase in quarterly revenue, reaching $85.8 billion for its fiscal 2024 third quarter, which ended on June 29.

Apple CEO Tim Cook highlighted the company’s success in new territories during the earnings call. “We set quarterly revenue records in more than two dozen countries and regions, including Canada, Mexico, France, Germany, the UK, India, Indonesia, the Philippines, and Thailand,” Cook stated.

Mac Sales Soar in India

India emerged as a key growth driver, with Apple achieving a new June quarter revenue record in the country. The performance was particularly strong in the Mac segment, which saw a 2% year-over-year increase, reaching $7 billion in global revenue.

Apple CFO Luca Maestri emphasized the company’s progress in emerging markets: “We saw particularly strong performance in our emerging markets, with June quarter records for Mac in Latin America, India, and South Asia.” Maestri attributed this growth to the success of the MacBook Air powered by the M3 chip.

Services Hit High, iPhone Sales Modest

The company’s Services division also set an all-time revenue record, growing 14% to reach $24.21 billion. However, iPhone sales experienced a slight dip of 0.94% to $39.30 billion, which is typical for the third quarter as consumers anticipate the launch of new models.

Despite challenges in the Wearables, Home, and Accessories category, which saw a 2.26% decline to $8.10 billion, Apple’s overall performance in emerging markets like India signals strong growth potential in these regions.

Who Is Indian Young Developer Akshat Srivastava? Why Tim Cook Praised Him At Apple Park Visit?

June 10, 2024, 4:58 pm

During a visit to Apple Park this week, Apple CEO Tim Cook expressed high admiration for 22-year-old Indian young developer Akshat Srivastava. The young coder from Varanasi impressed Cook during an interaction as the tech giant hosted developers and tech enthusiasts at its campus.

Who Is Akshat Srivastava ?

Akshat Srivastava began his journey as a coder in his teenage years and has now caught the attention of one of the world’s leading tech companies. Cook, reflecting on his experiences with developers from India, remarked, “I met so many extraordinary developers when I visited India last year, and I saw so much excitement for the many ways that technology can enrich people’s lives. And it was equally wonderful to meet Akshat this week, and see how he’s created a whole new way to share his love of classic games with the next generation.”

What Is MindBud?

Srivastava’s standout project, which brought him into the limelight, is an app called MindBud. Inspired by moments shared with his nephew, Akshat developed a platform that offers classic games and activities for children. MindBud features four engaging mini-games designed specifically for kids, blending entertainment with cognitive development.

His Innovative Use Of Apple Tools

For his submission to the Swift Students Challenge, Akshat utilized several Apple tools, including SwiftUI, AVKit (for audio), PencilKit, and FileManager. His innovative use of these tools not only showcased his technical skills but also his creativity in app development. Reports indicate that Akshat plans to publish MindBud on the App Store soon, making his work accessible to a broader audience.

Apple WWDC 2024 Highlights

The Apple Worldwide Developers Conference (WWDC) 2024 is set to feature significant advancements in artificial intelligence, a key area of focus for the company. Expectations are high for the unveiling of a revamped Siri voice assistant and potential collaborations with OpenAI, the creators of ChatGPT. These developments aim to position Apple as a strong competitor in the AI landscape, reassuring investors of its commitment to leading technological innovation.

As the WWDC 2024 unfolds, Akshat Srivastava’s achievements highlight the global talent contributing to Apple’s ecosystem and the company’s continuous efforts to foster innovation and creativity among young developers.

Apple In Talks With OpenAI To Integrate ChatGPT Features Into iOS 18

May 12, 2024, 3:54 pm

Nothing was the first smartphone company to integrate ChatGPT into its phones, but Apple is now poised to follow suit. According to a report from Bloomberg, Apple is nearing a deal with OpenAI, the creator of ChatGPT, to incorporate some of its features into iOS 18.

Negotiations between Apple and OpenAI have been ongoing, with both parties working to finalize the terms of the agreement. If successful, iPhone users can look forward to seeing popular chatbot functionalities directly integrated into their devices. However, despite the progress in discussions, there is no guarantee that a deal will be announced immediately.

In addition to OpenAI, Apple has also been in discussions with Google regarding the licensing of its Gemini chatbot. While talks are ongoing, no agreement has been reached yet. Apple’s efforts to integrate AI into its products are expected to be highlighted at its upcoming Worldwide Developers Conference in June.

A key part of Apple’s AI strategy involves using its powerful computer chips in data centers to run AI programs smoothly. These chips are crucial for providing users with the best and most advanced AI experiences possible.

Tim Cook, Apple’s CEO, has shown personal interest in OpenAI’s technology, particularly ChatGPT. However, he has acknowledged that there are still unresolved issues that need to be addressed. Cook has assured stakeholders that new AI features will be introduced to Apple products in a thoughtful manner, reflecting the company’s belief in the transformative potential of AI.

During an earnings conference call, Tim Cook reiterated Apple’s confidence in its AI capabilities, emphasizing the company’s unique strength in integrating hardware, software, and services. This integration provides Apple with a distinct competitive advantage in the AI landscape, enabling the delivery of innovative AI features that enhance user experience and drive growth.

Apple’s pursuit of agreements with OpenAI and Google underscores its commitment to advancing AI technology in its products. With the potential integration of ChatGPT and other AI features into iOS 18, Apple aims to offer users enhanced functionalities and experiences. All eyes will be on the company’s announcements at the Worldwide Developers Conference as it showcases its latest advancements in AI.

Apple CEO Tim Cook to Be Replaced Soon; But Who Will Carry-On the Legacy?

May 12, 2024, 12:24 am

Apple, under the leadership of Tim Cook for many years, has experienced significant growth. However, with Cook turning 64 this year and having served as CEO for over 13 years since 2011, the company must consider succession planning for the future. A recent report from Bloomberg delves into potential successors to Cook, focusing on two prominent figures.

One candidate highlighted in the report is Jeff Williams, Apple’s Chief Operating Officer (COO). Williams is a strong contender and only three years younger than Cook at 61. This proximity in age suggests that Apple may prefer a longer-term appointment for its next leader. Hence, attention shifts to John Ternus, a senior figure in Apple’s hardware engineering division.

Ternus, aged 49, offers a younger perspective and is increasingly visible within the company. He is reportedly well-regarded by key figures such as Cook and Eddy Cue, indicating a positive reception among Apple’s leadership.

Despite speculation about Cook’s potential departure, the report suggests that he may remain at Apple for another three years. This timeline provides ample opportunity for Ternus or any other potential successor to familiarize themselves with the company and hone the necessary skills for the role.

As with any forward-thinking organization, Apple must begin the transition process, even if Cook’s tenure extends for a few more years. The next CEO will inherit a legacy built by Cook and his predecessor, Steve Jobs, requiring strong leadership to navigate the post-Cook era and sustain Apple’s success.

Apple CEO Tim Cook Hints About Upcoming Generative AI Features

May 4, 2024, 4:52 pm

Speaking during Apple’s quarterly earnings call, Apple’s CEO Tim Cook recently hinted at the company’s upcoming generative AI features, saying that Apple enjoys some advantages that will set it apart from the competition.

Even though cook did not explicitly talk about upcoming AI-based features of iOS 18 update. But he made emphasis on that apple continues to invest in generative AI and will later share some exciting things with customers in future. “We continue to feel very bullish about our opportunity in generative AI. “Said Cook.

How Apple’s AI will differ from its competitors

As per Cook, he opined that there are several factors that will make Apple’s generative AI stand out from its competitors.

Most likely it will include neural engine of Apple Silicon chips. Which will enable on-device processing of AI tasks and their prime focus on user privacy.

If rumors are to be believed, Apple is already in the process of developing various AI features for its operating systems. Which include chatbot, smart Apple Music playlists, and a Safari browsing assistant which will help in the summarization of the article.

Further, the company is already prioritizing on on-device processing which ensures that user’s data is safe and secure.

These latest advancements will most likely unveil at the upcoming Worldwide Developers Conference (WWDC), which is going to be held in June.

As Apple prepares for its showcasing of latest advancements at WWDC, it remains to be seen how apple utilizes AI to deliver an ideal product to its customers.

Sonam Kapoor decks up in sari to watch IPL match with Apple CEO Tim Cook

April 21, 2023, 1:50 pm

Apple CEO Tim Cook has been grabbing headlines ever since he arrived in India. Recently, he was seen enjoying an IPL match with Bollywood diva Sonam Kapoor and her husband Anand Ahuja. Sonam took to her official Instagram handle and shared the pictures. The gorgeous actress chose a sari for her day out. With her tresses tied in a bun, the actress looked classy in an anarkali. She enjoys the match between Delhi Capitals and Kolkata Knight Riders with Tim Cook and Anand Ahuja.

In the caption of her post, Sonam wrote, “[Tim Cook] and entire [Apple] team- we hope you’ve had a lovely stay here and leave encouraged and positive on Apple’s outlook in the country. We’re so grateful for the care and attention you’ve given to creating your signature world class experience here. [Anand Ahuja].”

Take a look at Sonam Kapoor’s Instagram post

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A post shared by Sonam Kapoor Ahuja (@sonamkapoor)

For those unaware, Tim Cook is in India to attend the opening of the country’s first Apple store in Mumbai. After spending time in Mumbai, he was in Delhi to open another Apple store in Saket. Meanwhile, on the professional front, the actress was last seen in a cameo in Netflix’s thriller AK vs AK. She was also seen in The Zoya Factor.

Apple CEO Tim Cook in India: Neha Dhupia to Madhuri Dixit, Bollywood Celebs Pose with Apple CEO

April 18, 2023, 12:12 pm

Apple CEO Tim Cook is in India for the launch of India’s first Apple Store today. Before that, he was seen with many Bollywood celebs like Madhuri Dixit, AR Rahman, Raveena Tandon, and Mouni Roy.

Apple CEO Tim Cook seen enjoying a vada pav with ‘Dhak Dhak’ girl Madhuri Dixit. He was seen again with the actress and her husband Dr. Ram Nene.

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Apple CEO Tim Cook with Indian musical composer AR Rahman.

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Tim Cook poses with the ‘Baazigar’ actress Shilpa Shetty Kundra.

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Tim Cook strikes a pose with the ‘KGF Chapter 2’ actress Raveena Tandon and her son.

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Tim Cook poses for a selfie with the ‘Hindi Medium’ actress Neha Dhupia.

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Tim Cook poses for another selfie with the ace Bollywood singer Armaan Malik.

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Tim Cook gets clicked with Television star Mouni Roy and her husband-businessman Suraj Nambiar.

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Apple launches Watch Ultra, costs USD 700

September 8, 2022, 1:03 pm

The Apple Watch Ultra, a brand-new watch model, was unveiled at the Apple ‘Far Out’ event with the Watch Series 8 and is the company’s tough, flagship wristwatch.

This smartwatch, which debuts a new design with a larger display in addition to the new design, was created especially for intense sports tracking, exploration, and outdoor activities. It also has a longer battery life. The Apple Watch Ultra sports a new button guard on its side, a 49mm titanium case, a new action button that can be configured for different functions like workouts and compass waypoints, and a revamped digital crown.

The Action button allows triathletes to switch from one race leg to the next, and for water activities like kiteboarding, it can endure kiteboarding and has WR 100 water resistance in addition to EN 13319 for scuba divers.

The screen is constructed entirely of sapphire crystals and is fully flat, which should boost durability. It has a maximum brightness of 2,000 nits. The Apple Watch Ultra has three built-in microphones that enhance sound clarity while also lowering background noise, and its buttons and crowns are made to function with gloves on.

Additionally, all Apple Watch Ultra models come with cellular as standard equipment, and this latest model has better multi-band GPS that uses the new L5 frequency. It has an enhanced battery life of 60 hours when using a new low-power level, and it can run for up to 36 hours on a single charge.

The watch also contains a backtrack feature that enables users to go back and retrace their steps if they unintentionally disconnect from the network. A new watch face called “Wayfinder” will also be available to users, featuring a compass on the dial and a lot of information. With this year’s Apple Watch Ultra, which will cost $799, it is obvious that Apple wants to compete with Polar and Garmin. It will be available for pre-ordering from September 8 and will ship on September 23.

On Wednesday, CEO Tim Cook welcomed attendees to the September Apple event from the Steve Jobs Theater on the Apple Park site in Cupertino, California.