Samsung's Galaxy Note 10 Smartphone

CNBC’s Todd Haselton takes a first look at Samsung’s newest phones, the Galaxy Note 10 and Note 10 Plus. New features include S Pen gestures, extended battery life, and the removal of the standard headphone jack.

Samsung announced its new lineup of premium smartphones on Wednesday: the Galaxy Note 10, Galaxy Note 10+ and Galaxy Note 10+ 5G.

This is Samsung's shot to get its latest and greatest phones on the market before Apple launches its new iPhones in the fall. And there's a lot to like, as you're willing to spend at least $950.

The market of people willing to shell out about $1,000 for a phone is shrinking, as many continue to hold on to phones for longer than ever. That means it's important for Samsung to get its new Note phones out the door and appeal to these shoppers before Apple launches its new iPhones in September.

This is also the first time Samsung has launched more than one model of its fan-favorite Galaxy Note phone, which helps it cater to as many of those buyers as possible. There's a model for people who don't like "huge" phones, there's a big one for power users and there's a 5G variant for folks who want to future-proof for next-generation networks that are beginning to roll out now.

All three phones will be available to order at 12:01 a.m. ET Thursday, and they will be in stores on Aug. 23. The 5G variant will be a Verizon Wireless exclusive to start.

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