Apple plans to launch a new iPad on May 7 to boost tablet sales.
On April 23, Apple announced today that it will hold a special event on May 7, when the new iPad and related accessories are expected to be announced, and the event is scheduled to start at 10 a.m. New York time. The invitation, titled "Let Loose," also featured what looked like an Apple Pencil.
According to media reports last month, Apple suppliers are speeding up production of the new iPad, which is expected to be officially launched in early May. According to people familiar with the matter, the launch will include a new facelift of the iPad Pro and iPad Air, with the Pro model expected to feature a sharper new OLED display (organic light-emitting diode), while the iPad Air will offer a 12.9-inch screen option for the first time.
According to the media, the iPad Pro model will be equipped with a new M3 chip and will be compatible with the redesigned Magic Keyboard and Apple Pencil. This update marks the first major change since the launch of the product line.
The move ended the record for the longest interval between new iPad releases since it was first introduced in 2010 by Apple co-founder Steve Jobs. About 18 months have passed since the last update, during which time the sales of tablets have also declined. By introducing these newer models and faster chips and improved accessories, Apple is trying to rekindle market interest and sales of its tablet products.
Netizens have posted on X:
"We can finally stop guessing when the iPad will be released this year!
"I can't wait for this exciting news!"
"It's time for us to update our iPad!"
After the news was announced, as of press time, Apple's stock price edged up 0.34% intraday.
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