TAPPER: We're back with THE MONEY LEAD. One of the worst kept secrets on the planet is no longer just speculation. Apple rolled out its new iPhones just a few hours ago. The iPhone 7 and 7 Plus. Could the new iPhone features transform technology or will they be just a huge flop for the iconic tech company? Let's bring in CNN Tech Correspondent, Samuel Burke. Samuel, I have the iPhone 6s. Why should I upgrade?</s>CNN MONEY TECH CORRESPONDENT, SAMUEL BURKE: Oh, Jake, those days of Steve Jobs walking on stage and announcing something that nobody else had and that everybody wanted to have are truly a part of Apple's past, though you did have some nice incremental updates here. The phone is now water resistant. The larger one, the iPhone 7 Plus, has a dual-lens camera so two lenses to take a picture at once that's really high quality, also two stereo speakers now. But to me the real news isn't what the iPhone 7 has, it's what it doesn't have. This is the first major device that we've seen without an audio port. That's something that dates back really to the Walkman and before, so now with the new headphones, you'll plug it in through the charging port, or you can have a little adapter that they'll give you if you need to stick to your old pair, and they have some wireless headphones. Those are not included in the price. Those are $159. Either which way you cut it, it's all going to cost you a lot of money.</s>TAPPER: All right, Samuel Burke. Thanks so much. Be sure to follow me on Facebook and Twitter at Jake Tapper or tweet the show at THE LEAD CNN. That's it for THE LEAD. I'm Jake Tapper. I now turn you over to Wolf Blitzer in "THE SITUATION ROOM."
Apple Launches New iPhone 7.