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
Anglo-Dutch oil giant Royal Dutch Shell plans to cut 2,200 more jobs, as the company continues to face lower oil prices, media reported Wednesday citing an emailed statement. The latest round of cuts would bring the total job cuts this year to at least 5,000 globally. In the U.K. and Ireland, the company plans to reduce staff working in exploration and production by 475. Tiffany & Co. (TIF) reported first-quarter net earnings of $87 million, or $0.69 per share compared to $105 million, or $0.81 per share, in the prior year. The company noted that its first-quarter results included a tax benefit of $0.05 per share related to the settlement of a tax examination. On average,... Shares of Marks & Spencer Group plc were losing around 8 percent in the early morning trading in London, after the retailer reported lower profit in its fiscal 2016, hurt mainly by weak results at clothing & Home segment and lower UK LFL sales. Looking ahead, the company warned about profit, and said it sees a similar sales trend in fiscal 2017.
comments powered by Disqus
Follow RTT