Apple to hold March 8 event, expected to bring new iPhone SE model

Apple Inc. AAPL, +2.06% said Wednesday that it plans to hold an online event at 1 p.m. Eastern on March 8. Though the company didn’t provide details about what will be discussed at the event, which holds the “Peek Performance” tagline, some expect Apple to announce a new iPhone SE model as well as a new iPad Air with a quicker processor. Bloomberg News reported in early February that Apple was planning to launch a 5G-enabled version of the lower-cost iPhone SE phone at its first launch event of the year. The report also indicated that Apple could launch a new iteration of its iPad Air device, also featuring 5G connectivity. The event will be Apple’s first of the year. Apple didn’t immediately respond to MarketWatch’s request for comment about what would be announced at the event. Its shares rose 2.1% in Wednesday’s session.