Apple to release new iPads on May 7?

The US-based tech giant is expected to roll out new products next month, May 7, in an online event.

The iPad Pro

New Apple products to be unveiled next month?

This is based on invites sent to the media this week, CNBC said in its report. The scheduled event has the tagline “Let loose,” and will be streamed on Apple’s website.

According to CNBC, consumers may see new iPad products in the market soon as Apple did not announce new models last year.

It added that the invite has graphic features of Apple Pencil, the firm’s iPad stylus. Citing a previous report from Bloomber, CNBC said Apple is seen to overhaul its iPad portfolio to regain traction in that segment after its sales dropped in the past years.

But CNBC said Apple may also release new colors for iPhones, Apple watches, and accessories.

Millions of people tune in to watch Apple's launch events live, representing a critical marketing channel for the company, CNBC said.

It said the American company may likewise announce its efforts on artificial intelligence push this year.

Source: CNBC