Here's the new iPhone SE and iPad Pro

First look at Apple's new iPhone and iPad

How does the new iPhone handle? CNBC got an inside look.

Apple revealed a suite of new, lower-priced products Monday, including a 4-inch iPhone model called the SE, along with a smaller 9.7-inch iPad Pro and updates to the iOS operating system, Apple TV and Apple Watch.

Featuring many of the technologies in the latest iPhone 6S at the lowest debut price point ever for an iPhone, the $399 iPhone SE was a headliner of the Monday media event. Apple also slashed the price of the Apple Watch to $299, and smaller iPad Pro was unveiled at a lower price point to "reach more customers," according to Apple's Phil Schiller, the company's senior VP worldwide marketing.

"It's nice to see Apple continue to build a product line so that they could bring more people into the iOS eco-sphere, which I really think what their goal is over the long run," Timothy Lesko, Granite Investment Advisors partner who manages Apple stock for his clients, said to CNBC's "Power Lunch."

Apple announces the new iPhone Apple SE
Apple unveils 9.7-inch iPad Pro, 4-inch iPhone SE