Apple to Hold Sept. 9 Event for New IPhones, Wearables

Aug. 27 (Bloomberg) –- Bloomberg’s Tim Culpan reports on Apple preparing to manufacture the company’s largest-ever iPad, with a 12.9 inch screen, to be released in early 2015. He speaks to Anna Edwards on “Countdown.” (Source: Bloomberg)

Apple Inc. (AAPL) is holding a Sept. 9 event, where the company is said to be preparing to debut new iPhones and a wearable device.

The unveiling will be held at the Flint Center for the Performing Arts near Apple’s headquarters in Cupertino, California, the company said in an e-mailed invitation today.

Apple is set to introduce two new iPhone models: one with a 4.7-inch screen, and another with a 5.5-inch display, as well as a new wearable device, which would be the company’s first new product category since the iPad debuted in 2010, according to people familiar with the plans.

“Wish we could say more,” Apple said in the invitation.

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The Flint Center, which seats 2,300, has been used before for major Apple events, such as co-founder Steve Jobs’s introduction of the Macintosh in 1984. Jobs also unveiled the iMac at the theater in 1998. The venue also hosted an event earlier this year celebrating the Mac’s 30th anniversary.

Mobile Computing Escapes From the Phone

Apple’s planned product introduction on the second Tuesday in September is in keeping with a strategy of releasing new iPhone models in that month, kicking off a broader reboot of its lineup in time for the holiday shopping season. Last year’s iPhone 5s and 5c also debuted on the second Tuesday of September.

Photographer: Tomohiro Ohsumi/Bloomberg

Employees welcome customers during the opening of the Apple Inc. Omotesando store in Tokyo. Close

Employees welcome customers during the opening of the Apple Inc. Omotesando store in Tokyo.

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Photographer: Tomohiro Ohsumi/Bloomberg

Employees welcome customers during the opening of the Apple Inc. Omotesando store in Tokyo.

Apple Chief Executive Officer Tim Cook, under scrutiny to show the company can produce groundbreaking products without Jobs at the helm, fueled consumers’ and investors’ anticipation by hinting throughout the year that there are new products in store. Eddy Cue, Apple’s executive in charge of iTunes and the App Store, has said the company has its best product pipeline in 25 years.

Anticipation for this event has given Apple’s shares a boost. Already the world’s largest company by market value, Apple shares closed at record today of $102.25, up 28 percent this year.

Re/code reported yesterday that the wearable device will be part of the Sept. 9 event.

(An earlier version of the story corrected the location of the event.)

To contact the reporter on this story: Adam Satariano in San Francisco at asatariano1@bloomberg.net

To contact the editors responsible for this story: Pui-Wing Tam at ptam13@bloomberg.net Reed Stevenson

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