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September 10th, 2013
09:37 PM ET

Apple unveils two new iPhones: Are new colors & fingerprint technology enough?

Apple unveiled two new iPhones Tuesday. First, the 5S, a high-end device. Second, the 5C, a $99 phone intended for the emerging markets.

Apple's betting big on these moves, because the iPhone is under pressure.

The iPhone's share of the smartphone market was 24% in 2011. Last quarter, it fell to just 14%. Android dominates the market with a 79% share.

OutFront: CNN's Richard Quest.
Filed under: Apple • News • Tech
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