The big day is here. After months of speculation, rumors and counter-rumors, we now know what’s on sale and for how much. Here’s the full rundown.

Apple’s (AAPL) latest lineup of iPhones hit stores on Friday, but it’s notably missing one of its key selling points that the tech giant is hoping will convince users to upgrade their older models.

Apple has decided it will avoid the issue by refusing to allow its generative AI software to be installed on a purchased iPhone. It’s a drastic choice that will be seen as a downgrade by Apple’s dedicated community and leave European iPhones at a disadvantage compared to the Android-based competition.

We recommend buying Apple despite the recent price decline due to temporary iPhone 16 issues, citing strong long-term prospects. Read more on AAPL stock here.

Apple is out with the new iPhone 16 with the new model hitting shelves in nearly 60 countries Friday. CNET senior editor Lisa Eadicicco joined CBS News to discuss the new product.

Tim Cook and his team have improved the iPhone for 2024, and promise more features in the near future. But is that enough in the face of faster, stronger, and more powerful Android smartphones?

Basing his analysis on slipping ship times from Apple's ordering web page, analyst Ming-Chi Kuo believes that Apple is seeing lower demand for the high-end iPhone 16 models and higher sales for the regular iPhone 16,