logo
Share SHARE
FONT-SIZE Plus   Neg

Reports: Apple To Unveil New IPad's, OS, Mac Pro At Invitation Event On Oct 22

US technology giant Apple, Inc. (AAPL) is set to unveil new iPads, the new Mac Pro and OS X Mavericks at an invitation event on October 22, according to media reports on Tuesday. The launch will take place exactly a year after a similar invitation event last year and a week before Apple releases its financial results for the fourth quarter on October 28.

The current event is expected to see the unveiling of the much anticipated iPad mini 2 with a retina display and a new iPad with Apple's Touch ID fingerprint sensor. Apple could also provide the price or release date for its new Mac Pro or OS X Mavericks.

Media reports also strongly suggest that Apple could be in line to unveil its 5th Generation of the iPad tablet that will come with a major redesign and expected to look a lot like the iPad mini with the screen size staying the same as iPad 4.

The new launch will happen six weeks after Apple launched the iPhone 5s and the low-cost iPhone 5c to replace its iPhone 5 model on September 10 at an event hosted by Apple CEO Tim Cook. The event also marked the launch of the much-anticipated iOS 7 operating system.

At a similar invitation event same time last year, the company unveiled the widely anticipated smaller version of its iPad tablet for it to directly take on Google, Inc. (GOOG) and Amazon.com (AMZN) for a piece of the small-tablet market. The company also then revealed an upgraded version of its iPad, called iPad 4th Generation, and Macintosh computer lines.

The day of Apple's invitation event also coincides with the day when Microsoft Corp.'s (MSFT) Surface 2 will arrive for sale, and Nokia's event that is expected to see the launch of six new devices including a tablet.

Apple's invitation event was originally set for October 15, but was postponed by a week as Apple was having supply issues on the sourcing of retina displays.

AAPL closed Tuesday's regular trading session at $480.94, down $6.81 or 1.40% on a volume of 10.39 million shares. However, the stock gained $2.66 or 0.55% in after-hours trading.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Major League Baseball is talking expansion for the first time in a few decades. Owners stand to make a pretty penny from expansion fees and subsequent television rights. The possibility of a more balanced schedule is also enticing. Strong expansion candidates in the U.S. and Canada are ready... The New York Times is teaming up with Google again to give away Google Cardboard, the virtual reality headsets, but this time only to its "most loyal" digital subscribers. The company said that the digital-only subscribers selected for this distribution were chosen based on the duration of their subscriptions. Oil company Exxon Mobil Corp. on Friday reported a 63 percent fall in profit for the first quarter from last year, while Chevron Corp. reported a loss for the quarter, both on lower revenues. The results were impacted by the fall in crude oil prices and weaker refining margins. However, Exxon Mobil's earnings beat analysts' estimates, while Chevron's loss was wider than their expectations.
comments powered by Disqus
Follow RTT