Apple Inc will be introducing its next iPhone and latest iPad models on March 15 and will start selling the devices in the same week. According to the reports, Apple will launch a new 4-inch iPhone, dubbed the iPhone 5se, and a new iPad Air at a launch event, is unlikely to take pre-orders for the new devices.
Their is just 0.4 percent rise in shipments in the fiscal first quarter, which was recorded as the slowest-ever increase in iPhone sales since the phone was launched in 2007. The new 4-inch iPhone 5se is designed to spur iPhone hardware upgrades for customer seeking faster devices without upgrading to the far larger iPhone 6s and 6s Plus screen sizes.
Apple could not be immediately reached for comment.
