Breaking News
FONT-SIZE Plus   Neg
Share SHARE

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

RELATED NEWS
Trade AAPL now with 

US technology giant Apple, Inc. (AAPL: Quote) 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.

Register
To receive FREE breaking news email alerts for Apple Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
Apple Inc. said Monday that its fourth quarter profit rose 13% from last year, driven by strong sales of its iPhones and Mac computers. The company's quarterly earnings per share also came in above analysts' expectations as did its quarterly sales. At the same time, the company gave an upbeat revenue forecast for the current quarter, which includes the all important holiday season. Stocks moved notably higher over the course of the trading day on Monday, extending the strong upward move seen last Friday. The gains on the day continued the recent recovery by the markets, with the Nasdaq and the S&P 500 closing higher for the third consecutive session. While Republicans have largely tried to frame the upcoming midterm elections as a referendum on President Barack Obama, Sen. Ted Cruz, R-Tex., has joined the few offering guidance on what the GOP will do if it manages to retake control of the Senate.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.