Apple, Inc.’s (NASDAQ: AAPL) first hardware event titled “California Streaming” is underway this afternoon.
The event assumes importance because the tech giant is expected to announce the next iteration of its flagship product, widely referred to as the iPhone 13. Remember, iPhone fetches roughly half of Apple’s revenues.
Rumors regarding the new iPhone, ranging from its name, specs, features and timing of launch, have been floating around long before the event. Consensus expectations are that the four variants of the model will come with the same specs and have improved camera features. Wedbush analyst Daniel Ives has been sounding out a 1-terabyte storage option and lidars for the new iPhone model.
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Apple is also expected to unveil Watch Series 7 and possibly the third generation of AirPods. In the run-up to the event, it was rumored the ninth generation of Apple’s low-cost iPads will make its appearance at the event.
The keynote event can be watched here at 1 p.m. ET.
Fo all the latest from the event, follow our live coverage below:
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