Apple to offer USB-C equipped Apple Pencil with new pricing
Apple called the new stylus its 'most affordable model'
Apple iPhone 15 now available in stores, online
FOX Business' Susan Li reports live from Apple's flagship store in New York City following the release of the new iPhone.
Apple will bring USB-C to its soon-to-be-released new Apple Pencil option.
The new stylus, slated for an early November debut, will mark the latest Apple product to incorporate the charging format. The tech giant recently added USB-C to all four versions of its iPhone 15 and the second-generation AirPods Pro in September, when it held its live "Wonderlust" event.
Apple has set the price for the USB-C-equipped stylus at $79, according to a Tuesday press release. The iPhone maker described the Apple Pencil with USB-C as its "most affordable model."
![Apple pencil](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/10/931/523/apple-pencil-usbc-new.jpg?ve=1&tl=1)
A close-up view of the USB-C port on the new Apple Pencil. (Apple)
Its cost will be $20 lower than the first-generation Apple Pencil and $50 lower than the second generation.
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It has functionality with any iPad built with that type of charging format, the company said.
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The USB-C port for pairing and charging will be covered beneath a sliding cap, per Apple.
![Apple pencil](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2023/10/931/523/apple-pencil-usbc-new-wider-view.jpg?ve=1&tl=1)
A wider view of the upcoming Apple Pencil with USB-C. (Apple)
The matte-finished stylus has "pixel-perfect accuracy, low latency, and tilt sensitivity" — features that it shares in common with the other two types of Apple Pencils, according to the company. Users will also get the option of affixing it to the side of their iPad using magnetism to help preserve the battery while storing it that way.
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It does not include the popular pressure sensitivity that the first- and second-generation Apple Pencils have, Apple said. Double-tap to switch tools and wireless pairing and charging aren’t built into it, either.
Apple first started selling Apple pencils roughly eight years ago.
![Apple Inc. logo on building](https://a57.foxnews.com/static.foxbusiness.com/foxbusiness.com/content/uploads/2022/10/931/523/apple-wimkin-10.31.22.jpeg?ve=1&tl=1)
The Apple logo is seen on the outside of the Bill Graham Civic Auditorium before the start of an event in San Francisco on Sept. 7, 2016. (JOSH EDELSON/AFP via Getty Images / Getty Images)
The company has its next set of quarterly financial results due out in early November.
Apple Inc
In August, the iPhone maker saw a 1.4% year-over-year decrease in its third-quarter net sales, dipping from $82.96 billion in 2022 to nearly $81.8 billion. Its net income came in at $19.88 billion, a lift of 2.3% compared to the same three-month period last year.