Here's what to look for on Tuesday.
But some industry leaders are cautious. For instance, AT&T Communications CEO Jeff McElfresh told CNBC in September that he did not believe it would be a "The biggest jump in speeds will come from the variety of 5G sometimes called millimeter wave or ultrawide band. But in the United States, millimeter wave is only available in certain markets and has limitations about how far it can be transmitted.
"Not all 5G is created equal, which has led to marketing noise from carriers regarding 5G performance and deployment," Loup Ventures founder Gene Munster wrote in a newsletter in September. "In the end, both consumers and businesses are left unsure as to the timing of the 5G transformation." Timing matters for investors because Apple's first fiscal quarter has already started, kicking off on September 27. In past years, some new iPhone models have been on sale for the entire period, but this year that won't be possible.
"We also note that it is possible that certain models could either be more unit volume constrained or the new iPhone launch could be staggered similar to years past, although this possibility appears to be fading, as we have heard less about the potential for further delays recently," Ong wrote.The invitation to Apple's event suggests it will last two hours, which is a lot of time to discuss phones.
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