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What to Watch on Apple’s First Major Product Launch Event in 2020

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Key Points

  • The iPhone maker, Apple Inc., will launch new products on its first major event this year.
  • Apple will introduce a new Apple Watch, likely to be called the Series 6, that features a blood oxygen meter and a faster processor than the Series 5.
  • Apple will also be introducing an update for the iPad Air since re-introducing the model in March 2019.
  • Visit The Financial Today’s homepage for more stories.

The iPhone maker, Apple Inc., will launch new products on its first major event this year. According to the people familiar with the upcoming event, Apple will introduce a new Apple Watch, likely to be called the Series 6, that features a blood oxygen meter and a faster processor than the Series 5.

The Series 6 will come in the same 40mm and 44mm sizes as the current Series 5 model. The company is also planning to introduce a new low-end model for the wearable to rival cheaper offerings from companies like Fitbit Inc.

In 2019, Apple updated its wearable line when the Series 5 was introduced, showcasing features like Always-On and new cases. This will be the first time that the company will be releasing two models at once.

On the same product launch event, Apple will be introducing an update for the iPad Air since re-introducing the model in March 2019. It will feature a look similar to the iPad Pro by removing the home button and sporting an all-screen look. The new iPad Air will have a slower processor than the iPad Pro and will lack features like the ProMotion screen found in the Pro model.

As more consumers are looking for a device to help them work and study from home, the new mid-tier iPad models that look similar to the iPad Pro with a lower price point could fuel up Apple’s sales and position the fresh iPad Air as a best-seller in the upcoming holidays.

In the fiscal third quarter of 2020, Apple made $6.6 billion in sales from the iPad alone, the most since the 2018 holiday season.

Apple’s rollout of its iOS 14, iPadOS 14, and watchOS 7 updates will correspond with the release of the new Apple Watch and iPad Air.

One significant part of the product launch is the absence of the new iPhone models, which the company plans to unveil next month. The coronavirus pandemic upended the company’s final testing of the new 5G models for the iPhone that caused delays on mass production, Bloomberg reported

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