Apple Announces March 8 Event, With the Tagline 'Peek Performance'

Apple on Tuesday sent out invitations to the media for an event on March 8, with the tagline "Peek Performance." According to CNBC, the company is "expected to announce a new low-cost iPhone model" and a midrange iPad. From the report: Apple could announce a new low-cost iPhone with 5G support and a fingerprint reader, as well as a midrange iPad, according to media and analyst reports. The company currently offers a low-cost iPhone called the iPhone SE, which was introduced in the spring of 2020, and retails for $399. It's the most recent iPhone model with Apple's Touch ID fingerprint sensor. The new iPad is expected to be an updated version of the iPad Air, according to Bloomberg. That device was last updated in October 2020 and currently retails for $599.

Apple could also release iOS 15.4, the latest version of iPhone software, with several new features including the option to use facial recognition to unlock the device while wearing a mask, and the ability to accept contactless credit card payments without additional hardware.