Apple unveils the new iPhone 12 and other products during a virtual event on Tuesday, Oct. 13. It's been called "the most significant iPhone event in years." Subscribe to CNBC PRO for access to investor and analyst insights on Apple and more: has announced a smaller iPhone device with a 5.4-inch screen called the iPhone 12 Mini. It’s the first time that Apple has ever released a new iPhone with a smaller screen than the previous year models. Apple says it is smaller and lighter but has the same features as the larger iPhone 12.
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