Apple is gearing up for the launch of the iPhone 16 series, which will feature new color options for both non-Pro and Pro models.

Alongside the iPhone launch, Apple will also update all Apple Watch models during the upcoming 'Glowtime' event on September 9, 2024.

Speculation surrounds the announcement of a new iPad mini and a Mac Mini featuring an M Pro chip during the same event.

While the new features will be revealed at the event, some may not be available immediately due to necessary hardware and software updates.

The launch is anticipated to have a significant impact on Apple's stock price, which has already seen a gain of over 30% in the past six months.

Confidence in Apple's future performance is reflected in the fact that 24 out of 34 analysts have issued a buy rating for its stock.

Price changes for the upcoming models may occur due to increased production costs and global economic challenges.

Apple's acquisition of Intel's modem business will enable the company to produce its own 5G chips, enhancing control over product features.

The new AI suite, Apple Intelligence, aims to enhance Siri, although many features are still under development and delayed until next year.

Audio enhancements expected in the new models include Adaptive Audio, which combines Transparency and Noise Cancellation modes.

The event will be broadcast live on Apple's YouTube channel, official website, and Apple TV app, with the keynote available for later viewing.

This year, Apple is breaking tradition by holding the event on a Monday, which is unusual for the company.