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Apple Announces Launch of 'Newest Family Member' Next Wed, Said to Be Affordable Low-end iPhone
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Apple (AAPL.US) CEO Tim Cook announced on social media platform X that a new product will be launched on 19 February (next Wednesday), describing it as the “newest member of the family”. Apple last climbed over 1% on the news.

Cook posted a short animation of a metallic Apple logo on X, and urged people to prepare to meet the “newest member of the family,” but he didn't provide any more details.

Related NewsCore Inflation Rate MoM for Jan in United States is 0.4%, higher than the previous value of 0.2%. The forecast was 0.3%.
Bloomberg reported last week that a new affordable, low-end version of Apple's iPhone is on the way, and is expected to be released this month.
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