Apple Senior Vice President of Worldwide Marketing Phil Schiller speaks on the new Apple iPhone 7 during a launch event on September 7, 2016 in San Francisco, California. Stephen Lam/Getty Images/AFP
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Apple announced its newest iPhones, the 7 and 7 plus, that are water and dust resistant.Apple sold nearly 92 million iPhones during the first six months of this year, about 15 percent fewer than the same period last year.The Apple Watch has been the only major new product released since CEO Tim Cook succeeded company founder Steve Jobs as CEO five years ago, and sales of the device so far have been lukewarm. The company hasn't disclosed sales figures for the Internet-connected watch, but research firm IDC estimates that Apple shipped 1.6 million watches in the April-June quarter, less half the 3.6 million a year earlier.The Apple Watch will get a popular new app later this year tough.
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