How Apple’s Newest Products Measure Up

Upgrades to a popular iPhone and iPad, plus a brand-new Mac with matching monitor: Apple had a busy Tuesday, or at least a busy virtual event.

The focus of the news was speed. Apple is bringing fast 5G cellular connectivity to the new iPhone SE and the new iPad Air. Both of those devices and the all-new Mac Studio desktop computer have faster chips. And the company showed off the Studio Display, aimed at professionals, with a built-in camera and a whopping price starting at $2499.

All will hit stores on March 18.

Apple managed to tack on a few other announcements, including new green iPhone 13 options and the arrival of Major League Baseball to Apple TV+.

While most of the mainstream product updates are incremental, there are a few new features I’m excited about, such as the smart-camera-focusing Center Stage tech for the iPad Air. There are some things I’m disappointed Apple didn’t announce, like an SE with multiple cameras on the back.

To find out if this new hardware is worth the money—in some cases, products are pricier than their predecessors—I dived into the specs. Here’s what you need to know.

iPhone SE (3rd generation)

The iPhone SE line is, as my colleague Joanna Stern calls it, iPhones for people who don’t like new iPhones. The new SE looks just like the previous one, which itself is a copy of 2017’s iPhone 8. It does, however, have upgraded parts.

The third-generation iPhone SE starts at $719. The big new feature is 5G connectivity, which can provide blazing-fast speeds if you’re in the right spot. Just note: Apple only built in the slower, more widely available version of 5G, and not the superfast flavour available on pricier iPhones.

The new version has improved battery life, Apple said, because of its new A15 Bionic processor, the same in iPhone 13 models. But 5G is a big drain on power, so we’ll have to see how it holds up. (My advice? Keep 5G off unless you really need the speed.)

There’s also tougher glass in the front and back. There’s a better camera, too, though only a single rear camera. No wide-angle or telephoto for the budget phone. For just $70 more, you can get the iPhone 11 with Face ID, a larger screen and two rear cameras—but no 5G.

The iPhone SE is an entry-level phone for people who make value a priority, don’t use their smartphone all that much but want to stay with Apple, or just really like the home button.

iPad Air (5th generation)

The new $929 iPad Air looks virtually identical to its predecessor—Touch ID fingerprint-sensor in the power button, flat sides and a 10.9-inch display. Like the new SE, the cellular option now offers 5G connectivity.

Apple didn’t bump up the battery life from the previous Air either, promising as many as 10 hours of web surfing on Wi-Fi and nine hours on cellular.

Both cellular and Wi-Fi iPad Air models have a faster M1 processor, the same as in last year’s iPad Pro and Apple’s entry-level MacBooks. It powers new features such as Center Stage, which automatically pans and zooms to keep you in frame while video-chatting through the upgraded 12-megapixel ultrawide front-facing camera.

The storage options start at a disappointing 64 GB. There’s no Face ID. You’ll have to upgrade to the $1199 Pro for that. And unfortunately, the front-facing camera is still positioned on the short side of the iPad, which doesn’t fix the unflattering double-chin view.

The iPad Air is Apple’s Goldilocks option. It sits between the entry-level $929 basic iPad and the $1159 11-inch iPad Pro. (For people who want a smaller tablet, there’s just one option, the recently rebooted steno-notebook-size iPad Mini, which starts at $749.)

The iPad Air is best for someone who wants a tablet with a sizable screen to do cloud-based computing tasks or drawing. It’s compatible with the second-generation Apple Pencil ($129) and the Magic Keyboard with trackpad, as well as various USB-C accessories, such as external hard drives.

M1 Ultra and Mac Studio

Two years ago, Apple said it was going to transition its computers from Intel chips to its own. The M1-powered MacBook Air and Pro models hit the market in late 2020, followed by the even more powerful M1 Pro and M1 Max-fueled MacBook Pros last year.

The new M1 Ultra chip is the latest Apple-designed processor. It holds the power of two M1 Max chips fused together (literally). This thing has 114 billion transistors, 20 CPU cores and 64 GPU cores—but that’s not important. What you need to know is that it’s faster, more powerful and aimed largely at professionals who use computer-intensive software for tasks such as 3-D rendering or 8K video editing.

Mac Studio, a desktop computer that looks like a Mac Mini that just ate another Mac Mini, is the first to include the new chip. It’s an all-aluminium box that’s 7.7 inches square and 3.7 inches high. (Accessories such as a monitor and keyboard aren’t included.) The Studio has a lot of ports on the back, including four USB-C/Thunderbolt 4 ports, two USB-A ports, an HDMI port, an Ethernet port and an audio jack. It also has two more USB-C ports on the front, as well as an SD card reader.

The computer starts at $3099 in a configuration with the M1 Max chip, 32GB of RAM and 512 GB of storage. If, however, you want the M1 Ultra, you’ll have to opt for the Studio models that start at $6099 with 64GB of RAM and a terabyte of storage.

Apple will continue selling the 2019 Mac Pro for people who use Intel-based programs. It starts at $9,999.

Studio Display

Studio Display is a new stand-alone 27-inch monitor, starting at $2499, in an iMac-esque, all-aluminium enclosure. The 5K Retina display has 600nits of brightness. A 12-megapixel ultrawide camera on its front works with the auto-framing Center Stage feature, and there are six built-in speakers that support Apple’s surround-sound technology called Spatial Audio.

It’s not compatible with all Mac models, but it does support many going as far back as the 2016 MacBook Pro.

Charities, distant relatives and even pets are benefiting from surprise inheritances. They can thank people without children.

Not having children is becoming more common, both among millennials and older people. A July Pew Research Center analysis found that 20% of U.S. adults age 50 and older hadn’t had children.

And many of these people don’t have wills. An AARP survey found half of childless people age 50-plus who live alone have a will, compared with 57% of others that age. Those without wills have less control over what happens to their money, which often ends up in the hands of people who don’t expect it.

This phenomenon of a surprise inheritance is common enough that it has a name: the laughing heir .

“All they do is get the money and go, ‘Ah ha ha, look at that,’ ” said Michael Ettinger , an estate lawyer in New York.

Kelley Gilpin McKeig, a 64-year-old healthcare-industry consultant in Ridgefield, Wash., received a phone call several years ago saying her cousin Nick Caldwell left behind money in a savings account. They hadn’t been in touch for 20 years.

“I thought it was a scam,” she said. “Nobody else in our family had heard that he had passed.”

She hunted down his death certificate and a news article and learned he had died about a year and a half before in a workplace accident.

Caldwell, who was in his 50s, had died without a will. His estate was split among cousins and an uncle. It took about two years for the money to be distributed because of the paperwork and court approval involved. Gilpin McKeig’s share was $2,300.

Afterward, she updated her will to make sure what she has doesn’t go to “just anybody down the line, or cousins I don’t care about.”

Who inherits

There are trillions of dollars at stake as baby boomers age.

Most people leave their money to spouses and children when they die. A 2021 analysis of Federal Reserve survey data found that 82% of heirs’ inheritances came from parents.

People with no children say they want to leave a greater share of their estates to charity, friends and extended family , according to research by two Yale law professors that surveyed 9,000 U.S. adults.

Rebecca Fornwalt, a 33-year-old writer, created a trust after landing a book deal. While her heirs are her parents, her backup heirs include her sister and about a half-dozen close friends. She set aside $15,000 for the care of each of her two dogs.

Susan Lassiter-Lyons , a financial coach in Florence, Ariz., said one childless client is leaving equal interests in her home to her two nephews. Another is leaving her home to a man she has been friends with for a long time.

“She broke his heart years ago and she feels guilted into leaving him property,” Lassiter-Lyons said.

A client who is a former escort estranged from her family is leaving her estate to two friends and to charity.

Lassiter-Lyons, who doesn’t have children, set up a trust for her two dogs should she and her wife die. The pet guardian, her wife’s sister, would live in their house while taking care of the dogs. When the dogs die, she inherits the house.

In the Yale study, people without descendants—children or grandchildren—intended to give 10% of their estates to charity, on average, more than triple the intended amount of those with descendants.

The Jewish Community Foundation of Los Angeles, which manages $1.3 billion of assets, a few years ago added an “heirless donors” section to its website that profiles donors and talks about building a legacy.

“Fifteen years ago, we never talked about child-free donors at all,” said Lew Groner , the foundation’s vice president for marketing.

In the absence of a will, heirs are determined by state law . Assets can wind up in the state’s hands. In New York, for example, $240 million in unclaimed funds over the past 10 years has arrived from estates of the deceased, not including real estate, according to the state comptroller’s office. In California, it is $54.3 million.

Hard questions

Financial advisers say a far bigger concern than who gets what is making sure there is enough money and support for a comfortable old age, because clients without children can’t call on them for help.

“I hope there is something left to leave,” said Stephanie Maxfield, a 43-year-old therapist in southern Colorado. “But if there isn’t, I think that’s OK, too.”

She said she would like to leave something to her partner’s nieces and nephews, as well as animal shelters and domestic-violence shelters. Her best friend is a beneficiary.

Choosing an estate executor and who would handle money and health decisions on your behalf can be difficult when you don’t have children, financial advisers say. Using a promised inheritance as a reward for taking care of you when you are older isn’t a good solution, said Jay Zigmont , an investment adviser focused on childless people.

“Unfortunately, it is relatively common to see family members who are in the will decide to opt for cheaper medical care (or similar decisions) in order to protect what they will be inheriting,” he said in an email.

Kirsten Tompkins, who is from Birmingham, U.K., and works in consulting, along with her husband divided their estate among their dozen nieces and nephews.

Choosing heirs was the easy part. What is hard is figuring out whom to ask for help as she and her husband get older, she said.

“A lot of us are at an age where we are playing that role for our parents,” the 50-year-old said, referring to tasks such as providing tech support and taking parents to medical appointments. “Who is going to do that for us?”