What Could Apple's October 16 Event Invitation Mean?

Episode 1126 (02:28)

Apple Headquarters

Leo says that Apple's "It's Been Way Too Long" invitation for October 16th likely means that Apple is going to make a huge announcement for Apple TV. Not an actual TV set, but the small set top hockey puck, which Leo says has been long overdue for an upgrade. And with Apple's new "Home Kit," there could be home automation capability.

We do expect new iPads, but since those get released every year, it isn't something that's been "too long." Leo also says that Apple is going to announce the expansion of more ApplePay capability, including Walgreen's. Leo expects a lot of merchants to come on board.