Apple's newest iPhone has a higher price: Will people still upgrade?

The Apple iPhone Pro Max 15 is priced $100 higher than Apple's (AAPL) previous Pro Max entry. An analysis from Wedbush shows that over 250 million iPhones have not been upgraded in over 4 years. Did Apple introduce enough bells and whistles to get more people to buy a new iPhone? Josh Lipton joins Julie Hyman and Alexandra Canal to discuss the new phones and whether people will make the choice to upgrade or not.