Apple Announces ‘Scary Fast’ Event Next Week — Here’s the Cutting-Edge Product That Will Be in the Spotlight

The livestream-only keynote is scheduled for October 30.

By Amanda Breen edited by Jessica Thomas Oct 25, 2023

Key Takeaways

  • Apple is expected to announce its M3 silicon chip at the event.
  • The move could boost Mac sales, which were down more than 20% last quarter.

Just one month after unveiling its new iPhone 15 lineup, Apple has plans for another big reveal.

The tech giant sent invitations to members of the media for a scheduled keynote on Monday, October 30 at 8 p.m. ET. Apple is expected to announce its next-generation silicon chip M3 at the livestream-only, “scary fast” event, CNN Business reported.

Related: Tim Cook Says Layoffs at Apple Are a ‘Last Resort’ | Entrepreneur

Why the “scary fast” tagline? That appears to acknowledge the M3’s speedy development — the M2 was just introduced to the company’s MacBook line last year — and the approach of Halloween, per the outlet.

The company’s new iMac computers will likely feature the latest chipset, which should give Mac sales a needed bump, according to CNN. Apple Mac shipments were 7.2 million in the third quarter, down more than 23% year over year, per International Data Corp findings reported by Barron’s.

The 24-inch Mac is expected to receive the M3 chip at Apple’s event later this month, and there are no signs of an iPad launch so far, per CNN.

Related: Tim Cook’s Original Apple Card Application Was Denied: Report

Apple announced its first M1 silicon chipset for its computers in 2020.

“When it comes to low-power silicon, M1 has the world’s fastest CPU core, the world’s fastest integrated graphics in a personal computer, and the amazing machine learning performance of the Apple Neural Engine,” Johny Srouji, Apple’s senior vice president of Hardware Technologies, said at the time.

Key Takeaways

  • Apple is expected to announce its M3 silicon chip at the event.
  • The move could boost Mac sales, which were down more than 20% last quarter.

Just one month after unveiling its new iPhone 15 lineup, Apple has plans for another big reveal.

The tech giant sent invitations to members of the media for a scheduled keynote on Monday, October 30 at 8 p.m. ET. Apple is expected to announce its next-generation silicon chip M3 at the livestream-only, “scary fast” event, CNN Business reported.

The rest of this article is locked.

Join Entrepreneur+ today for access.

Subscribe Now

Already have an account? Sign In

Amanda Breen

Senior Features Writer at Entrepreneur
Entrepreneur Staff
Amanda Breen is a senior features writer at Entrepreneur.com. She is a graduate of Barnard College and received an MFA in writing at Columbia University, where she was a news fellow for the School of the Arts.

Related Content