Apple shares up before 'expected' products launch

Posted March 21, 2017

However, at this point in time, we have no news what products could the company be planning to release. What are your thoughts on Apple's online store page going down for maintenance? Pacific Time. The extended downtime is fueling hopes that fresh hardware will be available when the store is brought back online, as has been the case many times in the past.

Apple also lists Photo Print Products are also scheduled for maintenance at the same time, which could mean that they'll be updating the infrastructure for that or suggest that this maintenance is not related to new products. Apple has been detected testing four new iPad models in the areas surrounding San Francisco and Cupertino.

The rumor mill favors new variants of the iPad Pro. This model may not be unveiled until next month according to a recent report.

We previously heard a rumor that Apple may be launching a new 9.7 inch iPad Pro this week, so that could be the reason that the Apple Store is offline.

If the latest analysts' report is correct, and the event is scheduled for next week, then would be much shorter notice than the company usually leaves.

Reliable sources, including KGI Securities analyst Ming-Chi Kuo, Barclays analyst Blayne Curtis, and blog Mac Otakara, have all quoted sources with knowledge of the planned March Event.

"Company shares received another bump in late February when financial guru Warren Buffet's Berkshire Hathaway quadrupled its investment in Apple to more than 57 million shares at the end of 2016", appleinsider.com reported on Monday. Apple typically takes the store offline ahead of new products.

Some sources have said that Apple will remove the Home Button from its new iPad range.