Apple held its “Surprise and Shine” event on September 9, 2026, at Apple Park in Cupertino, and it carried extra significance beyond the usual fall hardware lineup: it was the first major product keynote led by John Ternus, who succeeded Tim Cook as Apple’s CEO on September 1, 2026. Ternus used the moment to introduce the company’s most significant iPhone lineup change in years, alongside updated AirPods and Apple Watch models.

Rather than releasing a standard iPhone 18 alongside the Pro models this cycle, Apple focused its September announcements on the higher-end iPhone 18 Pro and iPhone 18 Pro Max, with more affordable models expected to follow in a separate spring 2027 launch. The headline product, though, was something Apple had never made before.

The iPhone 18 Pro and Pro Max

The iPhone 18 Pro starts at $1,199, and the iPhone 18 Pro Max starts at $1,299 — both notably higher than where the iPhone 17 Pro lineup started, a jump Apple and outside analysts have tied to the ongoing global memory chip shortage rather than any single new feature. Both phones are built around Apple’s new A20 Pro chip, manufactured on a 2-nanometer process, which Apple says delivers meaningful gains in both speed and power efficiency over the previous A19 Pro.

The camera system centers on a 48-megapixel Fusion Main sensor with a new variable aperture that physically adjusts between f/1.48 and f/4 depending on shooting conditions — a mechanical feature more commonly associated with dedicated cameras than smartphones, and one some Android flagships have offered for a few years. Apple also shrank the Dynamic Island cutout on both models while adding the ability to display up to three Live Activities simultaneously, and extended battery life to up to 45 hours of video playback on the Pro Max. Storage options range from 256GB to 2TB, and the phones come in four colors, including new Burgundy and Glacier finishes. Preorders open September 12, with devices arriving in stores September 18.

Apple’s First Foldable: The iPhone Duo

The bigger story of the event was Apple’s entry into a phone category it had avoided for years while rivals like Samsung, Huawei, and Motorola iterated through multiple generations of folding designs. The iPhone Duo is a book-style foldable, opening from a roughly 5.4-inch outer OLED display into an approximately 7.6-to-7.8-inch inner display — closer in concept to a small tablet than a traditional phone once unfolded.

Notably, the Duo uses Touch ID built into a side button rather than Face ID, a deliberate engineering choice given the challenges of fitting Face ID sensor hardware into a foldable’s thinner, hinge-dependent design. It runs the same A20 Pro chip as the Pro models, features a 48-megapixel Fusion Main camera, and Apple says it will support its Pencil accessory via USB-C, though that specific feature is planned to arrive later in the year rather than at launch. Software chief Craig Federighi said Apple reworked substantial portions of iOS specifically to handle the Duo’s dual-screen behavior, including genuine multitasking that lets two apps run side by side when the device is unfolded.

Pricing starts at $1,999 for the 256GB configuration, available in Star White and Night Sky colorways, putting it roughly in line with foldable flagships from Samsung and Huawei rather than undercutting them. Preorders begin October 16, with a release date of October 23 — notably later than the iPhone 18 Pro models, giving Apple extra time to work through what is a considerably more complex manufacturing process than a traditional slab phone.

AirPods and Apple Watch Get Updates Too

Apple rounded out the event with updates across its wearables lineup. AirPods 5 launch at $129, with improved Active Noise Cancellation and Adaptive EQ over the previous generation, available in both wireless-charging-case and standard versions. The Apple Watch Series 12 starts at $399 and introduces new health-tracking sensors along with a “Health Age” feature designed to give users a single, digestible metric summarizing their overall fitness trends rather than a scattered set of individual readings. The Apple Watch Ultra 4 starts at $799, continuing the rugged, sensor-heavy positioning of Apple’s outdoor-focused watch line. Both new Apple Watches and the AirPods 5 go on sale September 18, the same day as the iPhone 18 Pro models.

Why Everything Costs More This Year

Apple was relatively direct in acknowledging that this year’s pricing reflects genuine cost pressure rather than simply increasing margins. The company has pointed to the same industry-wide memory chip shortage that’s been driving up prices across laptops, game consoles, and other consumer electronics throughout 2026, as manufacturers redirect chip production capacity toward higher-margin AI data center hardware. Ternus also used the keynote to emphasize Apple’s approach to AI privacy going forward, stating that Apple Intelligence features will run entirely on-device wherever possible, falling back to Apple’s private cloud computing infrastructure only when a task requires more processing power than the phone itself can provide.

What This Means for Buyers

For anyone due for an upgrade who isn’t interested in a foldable, the iPhone 18 Pro and Pro Max represent a fairly typical year-over-year improvement — a faster, more efficient chip and a genuinely useful new camera feature in the variable aperture — layered onto a $100-plus price increase tied to industry-wide component costs rather than a dramatic redesign. The iPhone Duo is a different kind of purchase decision entirely: at $1,999 and up, it’s a serious financial commitment aimed at buyers specifically drawn to the foldable form factor and the added multitasking capability of a larger inner screen, and its later October release date means early adopters will need to wait several additional weeks beyond the standard Pro models to get their hands on one.