Market Overview

New Apple Products On The Horizon?

  • Shares of Apple Inc. (NASDAQ: AAPL) have lost more than 12 percent over the past six months and are nearly flat year-to-date.
  • Investors remain concerned that Apple's "growth story" may be slowing down as the company's product portfolio hasn't demonstrated much in terms of innovation.
  • 9to5Mac, a popular Apple blog, reported that Apple may be introducing new Mac hardware to its fall product line.

Apple's iPhone story is well understood by the investment community following its record-breaking iPhone 6s weekend launch.

Related Link: Pacific Crest: Apple Guidance Will Be 'Well Below' Expectations

Now that the global release of the iPhone 6s series is underway, Apple may be looking to boost its portfolio offering by introducing a new 21.5-inch iMac with 4K screens, according to 9 to 5 Mac.

The blog reported that the company could introduce a new 4K screen iMac next week and will be featured in stores as early as October 13. Production is set to ramp up for November, just in time for the Holiday shopping season.

9 to 5 Mac suggested that the new iMac will physically look the same as non-4K versions, but the 4096 x 2304 screen resolution and improved graphics card will set it apart from prior generations. The blog added that it is "unclear" if accessories such as Magic Mouse 2 with Force Tough integration and a new Bluetooth keyboard will be launched alongside the new Mac.

Apple has already announced plans for an iPad Pro launch in early November.

Posted-In: 9 to 5 Mac Apple Apple Growth Story iMac iMac 4KNews Rumors Tech


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