Apple to hold event on Sep 14, new iPhones expected

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Apple said on Tuesday it would hold a special event on Sep 14, which most industry watchers believe will be used to unveil a new line of its flagship iPhones. Since 2013, Apple has delivered new iPhones around September like clockwork. The tech giant, which launched a redesigned iPhone with 5G connect

Apple said on Tuesday it would hold a special event on Sep 14, which most industry watchers believe will be used to unveil a new line of its flagship iPhones.

"Upgrades rates peaked in 2021 on 5G, we expect upgrade rates to moderate but still drive high volumes in 2022," JPMorgan analyst Samik Chatterjee wrote in a note, adding that he still expects a record year thanks to higher sales of the lower priced iPhone SE. The Portrait mode uses the phone's depth sensor to focus on faces while blurring the background, allowing amateur photographers to produce high-quality snaps.The mid-September launch results in a sales surge in the last week of Apple's fiscal fourth quarter as millions of avid shoppers snap up the newly releases iPhones.

 

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