The past week was a rollercoaster ride for tech enthusiasts, with Apple Inc. ( AAPL ) at the center of the action. The Cupertino-based tech giant announced its much-anticipated “Glowtime” event, set to unveil the iPhone 16 series. The week also saw speculations about Apple ( AAPL ) discontinuing certain products and a surprise announcement from Huawei. Let’s dive into the details.

Apple’s “Glowtime” Event

Apple ( AAPL ) confirmed that it would hold its annual iPhone launch event, named “Glowtime,” on Monday, Sept. 9. The event is expected to showcase a variety of new products, including the highly-anticipated iPhone 16 series.

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Products Apple Might Discontinue

Following the annual iPhone event, Apple ( AAPL ) is expected to discontinue some of its products. These products are likely to be removed from the Apple Store post the keynote.

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See Also: Apple’s Glowtime Event: Will The iPhone 16 Shine Or Fizzle?

Analyst’s Take on Apple’s Stock

An analyst suggested that Apple’s iPhone 16 presentation might not be a “sell the news” item for the company’s stock, as has been the case with past Apple ( AAPL ) events.

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Huawei’s Countermove

In a surprising move, Chinese tech heavyweight Huawei scheduled a product launch event on Sept. 10, the same day Apple ( AAPL ) is set to reveal its iPhone 16 lineup. Huawei claims to have “turned science fiction to reality” after five years of research.

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Apple’s OLED Plans

Reports suggest that Apple ( AAPL ) has decided to incorporate organic light-emitting diode or OLED displays in all iPhone models, including the lower-priced iPhone SE, from 2025.

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This story was generated using Benzinga Neuro and edited by Rounak Jain