Pandemic-proof Apple to kick off lineup for critical holiday season

WASHINGTON, Sept 15 (Reuters): Apple Inc shares have soared this year even as a pandemic has crippled economies around the world, thanks in large part to booming product sales that have beat Wall Street expectations.

On Tuesday, Apple is expected to unveil updates to several key products, including the Apple Watch and iPad, that will help determine whether it keeps up that streak. The devices will be shown in an event broadcast www.apple.com/apple-events from its Cupertino, California headquarters starting at 1 p.m.

As markets closed Monday, Apple shares were up nearly 54 per cent for the year, well ahead of the 22 per cent gain for the Nasdaq.