The updated MacBook Air models will be available later in the week. The 13-inch MacBook Air will have a starting price of $1,099. Apple was hit with a $2 billion EU antitrust fine.
"MacBook Air is our most popular and loved Mac, with more customers choosing it over any other laptop," Apple Worldwide Marketing Senior Vice President Greg Joswiak said. The last change was for Apple Inc.
The M3 chip makes the MacBook Air up to 60 percent faster than the model with the M1 chip and up to 13x faster than the fastest Intel-based MacBook Air, according to Apple.
The Neural Engine in the M3 chip is one of the reasons the MacBook Air is the world's best consumer laptop for artificial intelligence.
According to the company, there are new features that include support for up to two external displays and up to 2x faster wi-fi than the previous generation.
The batteries in the new MacBook Airs can last up to 18 hours. The company has launched a number of new products in the last few months, including the Apple Watch Series 9 and Vision Pro headset. The Mac segment had $7.78 billion in net sales in the first quarter, accounting for 6.5% of Apple's net sales. Warren Buffett's business sells shares of a tech giant.