Tech giant Apple has officially announced that it will be hosting an event on May 7, heightening anticipation for the unveiling of revamped versions of the iPad Pro and iPad Air. The inclusion of the Apple Pencil in the event invitation’s image suggests that iPads will be the focus of this virtual gathering.

Based in Cupertino, California, Apple has kept details of the event under wraps. It is scheduled to commence at 7 a.m. PT (7:30 p.m. IST).

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Numerous media reports indicate that Apple’s international suppliers have ramped up production of the new iPads, with a planned launch expected in early May. These forthcoming models represent Apple’s first significant redesign of the lineup since 2018.

The potential launch occurs amidst a backdrop of declining iPad sales, which saw a 25% decrease to $7.02 billion in the first quarter. Similarly, iPhone sales, Apple’s flagship product, have also shown signs of slowing down.

Despite these challenges, Apple aims to rejuvenate interest with innovative products. Currently, Apple offers a range of five iPad models, including the Pro, Air, Mini, and the ninth and 10th generations of its standard iPad.

Although iPad sales have declined, these products still contributed 5.9% to Apple’s total net sales of $119.58 billion in the first quarter ended December 30.

Beyond the May event, Apple enthusiasts can look forward to the Worldwide Developers Conference, scheduled for June 10 to June 14.