What to expect at Apple’s (AAPL) spring event next week?

Follow us on Google News:
 What to expect at Apple’s (AAPL) spring event next week?
Image source: Shutterstock

Highlights

  • Apple's 5G-capable iPhones have been a major part of its focus lately.

  • Apple generally hosts three events annually to launch new products.

  • The iPhone maker saw solid sales in iPhones, Mac, wearables, and gadgets during the holiday season.

Apple Inc (AAPL) is gearing up for its much-anticipated annual spring product launch event next week.

The company is expected to launch several new products, including a 5G-enabled low-cost version of its popular iPhone, at the March 8 event. Besides the pocket-friendly iPhone, it will also likely launch a new version of the iPad Air and a high-end Mac Mini.

Apple's senior marketing vice president Greg Joswiak announced the event date in a tweet. "Peek performance. March 8th. See you there," Reuters quoted him as saying.

The new iPhone would be the first update to the SE model in two years. It is expected to come with an improved camera and faster processor speed.

Apple's 5G-capable iPhones have been a major part of its focus lately. Its iPhone 13 has custom 5G antennas and radio components for speed and clear audio.

The company has not revealed more details on the event.

Apple generally hosts three programs annually to launch new products.

Also Read: What is TheBoringToken (TBT)?

Source: Megapixl

Also Read: What is MetisDAO (METIS) crypto? Know price and performance

First-quarter fiscal 2022 performance

The iPhone maker saw solid sales in iPhones, Mac, wearables, and gadgets during the holiday season. Its quarterly results handily beat sales and profit estimates.

Apple said the chip shortage did not affect most products except for the older iPad models.

It had 785 million paid subscribers for music and TV services at the end of the quarter.

Apple’s revenue from iPhone sales rose 9% to US$71.6 billion YoY. The company had launched the iPhone 13 just before the quarter. Its overall revenue was US$123.9 billion, up 11% YoY.

China is its largest international market.

The Apple (AAPL) stock was up 1.89% to US$166.28 at the close of the regular session on Tuesday.

Disclaimer

The content, including but not limited to any articles, news, quotes, information, data, text, reports, ratings, opinions, images, photos, graphics, graphs, charts, animations and video (Content) is a service of Kalkine Media LLC (Kalkine Media, we or us) and is available for personal and non-commercial use only. The principal purpose of the Content is to educate and inform. The Content does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the Content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stocks of the company(s) or engage in any investment activity under discussion. Kalkine Media is neither licensed nor qualified to provide investment advice through this platform. Users should make their own enquiries about any investments and Kalkine Media strongly suggests the users to seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice), as necessary. Kalkine Media hereby disclaims any and all the liabilities to any user for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising from any use of the Content on this website, which is provided without warranties. The views expressed in the Content by the guests, if any, are their own and do not necessarily represent the views or opinions of Kalkine Media. Some of the images/music that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures/music displayed/used on this website unless stated otherwise. The images/music that may be used on this website are taken from various sources on the internet, including paid subscriptions or are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it, as necessary.

Featured Articles