Apple Announces March 21 Event to Debut Updated Smaller iPhone

Bloomberg reports that Apple will be holding a press event on 21 March 2016 and it is slated to launch new products. The new range of products is expected to be a 4″ screen iPhone which will look similar to the iPhone 5s introduced in 2013 with updated components, including the company’s speedier A9 processor. An update to the iPad range is also expected.

Apple stock price rose 0.05% to USD 101.17 on Wednesday on closing.