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Apple Sets Date for iPhone Reveal


Apple (NASDAQ: AAPL) announced Tuesday that it will hold a digital-only event next week, on Tuesday, Oct. 13, 2020 at 1 p.m. EDT at the Steve Jobs Theater at the company's Cupertino, California campus. Unlike previous years, the presentation will be an online presentation only due to the coronavirus. 

The company has historically used such events as the launchpad for its next gen iPhone, and Apple is widely expected to announce that the highly anticipated iPhone 12 will be powered by the next generation of cellular technology -- 5G. The teaser for the event, "Hi, Speed," likely refers to the much greater network speeds capable with 5G, which can be nearly 100 times faster than the previous generation. 

Image source: Apple.

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Source Fool.com

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