Apple Inc. Officially Announces October 16 Event

Saying "It's Been Way too Long," Apple Inc. AAPL announced that the company will hold a special event on October 16.

Expectations are for the company to unveil new iPad models with fingerprint sensors, along with a larger and thinner iMac with a retina display.

Related Link: Will Apple Inc. Have Any Surprises At Its October 16 Event?

It is also thought that Apple will launch a new operating system, Yosemite X, and the mobile pay system, Apple Pay. New MacBooks and MacBookAirs may also be unveiled at the event.

Shares of Apple Inc. were up 0.85 percent at $99.57.

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