It will be available to order from 19 October, and will start shipping on 26 October.
It is possible this device will tout an LCD display rather than the OLED present in the current iPhone X. On the camera front, the XR features a single 12-megapixel wide-angle camera on the rear, with the same specifications as the XS.
The iPhone XS, an update to last year's model, will stay at $1,000. Although the iPhone X didn't fulfil analysts' lofty sales expectations, it fared well enough for Apple to up the ante with the bigger model, whose price is expected to unveil Wednesday.
Apple has announced a new version of its smartwatch during the "Gather Round" event in Cupertino.
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The display on the iPhone XS Max has 3.3 million pixels and the same pixel density as the iPhone XS.
The camera system also boasts optical image stabilisation, a flood illuminator, an ambient light sensor and comes offering the wildly popular Portrait Mode.More news: Putin: Peace treaty first, N. islands later
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The Apple-designed A12 Bionic, the smartest and most powerful chip in a smartphone, features the first 7-nanometer chip ever in a smartphone that delivers industry-leading performance in a more power-efficient design.
When Apple introduced the iPhone X a year ago at a starting price of $999, some analysts were sceptical that people would pay so much.
Apple iPhone XS and iPhone XS Max will be available in 64GB, 256GB and 512GB capacity models in space grey, silver and a new gold finish starting at Rs 99,900 and Rs 109,900, respectively, through Apple Authorised Resellers.
Others pointed out that it was a missed opportunity, arguing that the firm should have called its XS Max - which has the biggest iPhone display yet - the iPhone XL.
Also running on the A12 Bionic chip, iPhone XR is available in 64GB, 128GB and 256GB, making for a pretty good, slightly more affordable option. The Apple Watch 4 series has a similar sized face as the previous version, however, the end-to-end design means the screen display is notably larger.
The new watch, positioned as a more comprehensive health device, will be able to detect an irregular heartbeat and start an emergency call automatically if it detects a user falling down, potentially appealing to older customers.
That combination of price, design, and features could make it popular with Apple fans who have been holding on to ageing phones.