Apple to reveal new iPhone line

Apple Inc.’s biggest product launch of the year is Tuesday, when the company is set to unveil its latest line of iPhones and other products ahead of a critical holiday season.

The presentation, which features the tag line “California streaming,” will take place at 10 a.m. Pacific time. The event will be held virtually due to the COVID-19 pandemic.

The Cupertino, California-based technology giant has been readying four new iPhones, as well as Apple Watches with larger screens. Apple has also been working on revamped entry-level AirPods earbuds and new MacBook Pros.

The fall product season is critical for Apple, with analysts estimating that the company will generate $120 billion in revenue during the holiday quarter. That would be an all-time record.