Apple to host next iPhone launch event on Sept. 9

Apple announced new Mac Mini models: the M6 for $899 and M5 Pro for $1,699, available for preorder. The M6 supports WiFi 7, Bluetooth 6, and has a 2.5GB Ethernet port. The M5 Pro uses the M5 Pro chip, offering higher performance for demanding tasks, and includes three Thunderport 5 ports. Both models launch on September 22.

Apple announced a product launch event on September 9, where it is expected to unveil new iPhones and possibly its first foldable phone. Analysts anticipate higher selling prices and improved margins from these premium devices. The event marks the first major launch under new CEO John Ternus, who takes over on September 1. Tim Cook will transition to executive chairman.

Apple announced a launch event on September 9, where it is expected to reveal its newest iPhone series and potentially a foldable phone, according to senior executive Greg Joswiak.

Apple unveiled new Mac mini models with M6 and M5 Pro chips, priced at $899 and $1,699, and a Mac Studio with M5 Max and M5 Ultra chips, emphasizing AI performance. Available September 22, these launches highlight Apple's focus on AI and agentic computing, which analysts believe is crucial for AAPL stock growth.

Apple introduced the M5 Ultra and M6 chips, with the M5 Ultra being its most powerful yet. The M6 will be in a new Mac mini, priced at $899, while the M5 Ultra will be in a revamped Mac Studio, starting at $2,499. Anthropic claims a $30 trillion total addressable market ahead of a potential IPO. Instagram's CEO testified that the 'Take a Break' feature was slow-rolled due to low teen adoption.

Berkshire Hathaway, now led by Greg Abel, has 30% of its $358 billion portfolio in Apple (19.8%) and Alphabet (10.1%). Abel has been actively reallocating the portfolio, focusing on tech and AI stocks. Apple is Berkshire's largest holding, valued at $71 billion, while Alphabet is its fourth-largest at $36 billion.