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
Electric car maker Tesla Motors Inc. (TSLA), Wednesday reported a loss for the fourth quarter that was narrower than last year. The company said it expects to start volume production of Model 3 by September. Palo Alto, California-based Tesla reported fourth-quarter loss of $121.3 million or $0.78... Canada based Maple Leaf Foods Inc. Wednesday said it has reached a definitive agreement with Brynwood Partner VI L.P. for the acquisition of Lightlife Foods Inc. The deal would be worth $140 million plus other costs. Light is a brand in U.S. for refrigerated plant based protein foods. A hedge fund is an alternative investment fund that uses pooled funds from accredited individuals or institutional investors and invests these funds in different assets with a goal of generating high returns. Hedge funds are generally accessible only to accredited or qualified investors. They cannot...
comments powered by Disqus
Follow RTT