Bloomberg News has reported that Apple Inc is planning to unveil a low-cost 5G iPhone and an updated iPad on or around March 8, citing people familiar with the matter.
The new iPhone will be the first update to the iPhone SE model in two years, with 5G network capabilities, an improved camera, and a faster processor, according to the report.
Apple announced two new MacBook Pro models in October that run on more powerful in-house chips.
With the expected launch still more than a month away, Apple’s plans may change due to production delays or other changes, according to the report.
The company did not immediately respond to a request for comment from Reuters.
Based in Cupertino, California, Apple is overcoming a costly global shortage of computer chips, reporting record holiday quarter sales in January, beating profit estimates and forecasting that its shortfall is shrinking.
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