CUPERTINO, California: Phil Schiller, senior vice president of worldwide marketing at Apple Inc, speaks at an Apple event at the Steve Jobs Theater at Apple Park yesterday. - AFP

CUPERTINO, California: Apple Inc unveiled larger iPhones and watches based on the design of current models yesterday, confirming expectations that the company is making only minor changes to its lineup. Apple wants users to upgrade to newer, more expensive devices as a way to boost revenue as global demand for smartphones levels off. The strategy has helped Apple become the first publicly-traded US company to hit a market value of more than $1 trillion earlier this year.

The new phones, based on last year's iPhone X, are named XS and XS Max, based on last year's iPhone X. The new iPhone XS has a 5.8-inch screen size, while iPhone XS Max is 6.5 inches in size, in line with Wall Street expectations. Apple uses the 'S' suffix when it upgrades components but leaves the exterior of a phone the same. Last year's iPhone X - pronounced "ten" - represented a major redesign.

Apple opened its event by saying its new Apple Watch Series 4 range will have edge-to-edge displays, like its latest phones, which are more than 30 percent bigger than displays on current models. The new watch, positioned as a more comprehensive health device, will be able to detect an irregular heartbeat and start an emergency call automatically if it detects a user falling down, potentially appealing to older customers.

Executives made the announcement at the Steve Jobs Theater at Apple's new circular headquarters in Cupertino, California, named after the company's co-founder who wowed the world with the first iPhone in 2007. "There's no real game-changer on the table," said Hal Eddins, chief economist at Apple shareholder Capital Investment Counsel. "It's a matter of getting people to keep moving up." The company was also expected to unveil a new version of its wireless AirPods earbuds with wireless charging and a wireless mat that will be able to charge several devices at once. - Reuters