Apple Prepares To Unveil Product Updates Amid Turbulent Stock Market

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Flying into the headwinds of a turbulent stock market, Silicon Valley mainstay Apple prepared Monday to unveil several product updates including faster chips, more devices with 5G connectivity and more powerful iPhone cameras.

At the virtual event Tuesday, which has the tagline “peek performance,” Apple watchers expect the company to announce several product updates including a big upgrade to its MacBooks and iMacs, powered by the second iteration of its in-house processor.But the unofficial star of the event may be an updated iPhone SE.

Dan Ives, an analyst with Wedbush Securities, said there is “pent up demand for this next SE” globally and predicted the new device could help Apple drive more iPhone upgrades and pull more users away from Android devices. Apple’s event will be livestreamed on its website, YouTube and other social media platforms. It is set to kick off at 10:00 a.m. PT/1:00 p.m. ET. Here’s a closer look at what to expect:While Apple typically launches its flagship iPhone devices in the fall, the rumor mill indicates it could introduce its third iPhone SE this week. Apple initially released the device in 2017 and updated it in 2020.

But he does believe the expected $399 price point — the same as the current iPhone SE — will appeal to first-time buyers, as well as those looking to switch from Android and people who prefer smaller screens.The next-generation iPad Air is also said to be getting the same A15 processor as the new iPhone SE, along with 5G connectivity and a new front-facing camera.

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meh.. Apple is like the boring slate phone of yesterday. More real estate, folding Android is now. SamsungMobile ftw

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Apple screwing the public out of millions each year w/their yearly updates! Many can’t afford to upgrade every year but they rely on the public wanting the ‘latest’ & the camera is usually the only feature that gets better. I also thought there was a shortage of chips? tim_cook

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