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Sep 07, 2021
Apple (AAPL, $157.19) sets date for new iPhone launch; shares rise to new highs

Apple (AAPL, $157.19) sets date for new iPhone launch; shares rise to new highs

Apple Inc.  shares extended gains to a new all-time high Tuesday, after the company unveiled the date for the launch of its new line of iPhones.

The iPhone maker will hold its annual product event  "California Streaming"  on Tuesday September 14 at its Cupertino campus. It is expected to unveil a new iPhone 13 series, and the series 7 of its AppleWatch.

In its latest quarterly results, Apple mentioned its expectation of "very strong double digit” year over year revenue growth during the September quarter; but it anticipates the growth to be slower than that 36% increase  over the quarter ending in June.

Related Tickers: AAPL