iPads Expected at Apple Event, But Hold On For the AI Chips

BATS:AAPL   Apple Inc
Apple enthusiasts can finally breathe a sigh of relief. The wait for new iPads is nearly over, with a splashy Apple event titled "Let Loose" scheduled for today. This comes after an unusually long gap between iPad releases.

New iPads Take Center Stage

According to reliable sources, the spotlight will be on the latest iPad lineup. Rumors suggest the unveiling of a new iPad Pro boasting a cutting-edge OLED display, potentially accompanied by a larger 13-inch version. An upgraded iPad Air with a similar display technology might also be part of the show.

M4 Chip: A Surprise Guest?

While the focus is firmly on the iPads, whispers suggest a surprise appearance by the next-generation M4 chip. This unveiling would be a mere six months after the launch of the M3 series, prompting speculation about Apple's strategic direction.

A.I. Chip Development: A Side Story

An article from Wall Street Journal also touches upon Apple's development of a custom-designed chip for artificial intelligence applications within data centers. However, the Wall Street Journal report casts doubt on whether this chip will ever see real-world deployment.

Investor Takeaway

The "Let Loose" event holds significant promise for Apple investors. The launch of new iPads, particularly the potentially premium iPad Pro models, could generate a surge in sales. The M4 chip, if confirmed, could further solidify Apple's position as a leader in chip technology. While the A.I. chip development is intriguing, investors should likely focus on the more immediate impact of the upcoming iPad releases.

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