Apple to unveil more powerful laptop chips at Apple event

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Apple to unveil more powerful laptop chips at Apple event

Reuters Analysts expect Apple Inc to unveil new Mac laptop computers with more powerful processor chips at an event that will be streamed later Monday.

Bloomberg reported recently that Apple will release two new MacBook Pro models with 14-in-1 - and 16-inches screen. The Cupertino, California-based company introduced some new laptop models last year that for the first time used their Apple Silicon chips, which it claimed would be phased into the company's desktop and laptop lineup over the course of two years.

Apple's most powerful laptops still relied on chip from Intel Corp. before Monday. The new chip, along with a general rise in laptop sales as employees and students stocked up on tech hardware to work and learn from home, prompted a boom in Mac sales during the Pandemic. Revenue rose 11% to $28.6 billion in Apple's fiscal 2020, even as iPhone revenues were declined 3%.

The Macbook Pro is expected to be released weeks after Apple overhauled its iPhone, Apple Watch and iPad lineups.

Some analysts believe Apple will update its AirPods wireless headphones, but rumors of an update have circulated ahead of other Apple events this year without coming to pass. Add-on devices like AirPods tend to be large sellers during Christmas shopping seasons and have become one of Apple's fastest growing categories, with its home and accessories segment growing 25% to $36.6 billion in Apple's fiscal 2020.