What to expect from Apple's March 21 announcement

Will we see a smaller and cheaper iPhone?

Apple may be in hot water with the feds, but that doesn’t mean the California-based tech giant is slamming the breaks on its product release cycle in lieu of its legal battle with U.S. authorities. Apple today sent out invites to a press event at 10 a.m. (Pacific time) on March 21 at its Cupertino campus.

“Let us loop you in,” the invite simply says. If we didn’t know any better, we’d say it’s a nod to Apple’s Infinite Loop campus.

The products to be announced, in usual Apple fashion, remain a mystery, though recent reports point to a successor of the 9.7-inch iPad and a new 4-inch iPhone packing the same internals as the iPhone 6s.

Dubbed the iPhone SE, it will likely replace the iPhone 5s (and, possibly, iPhone 6) as Apple’s lowest-priced smartphone. Why? Because Apple, now more than ever, desperately needs a serious midrange option if it wants to grow its business in emerging economies, where price is too often the deciding factor.

More Apple Watch bands and materials are also expected to take the stage, in addition to a new software update for the company’s smartwatch. We may also see the release announcement for an iTunes update and iOS 9.3, which is currently in beta testing.

You can watch Apple’s March 21 keynote live on your Apple products, or by heading to Apple’s dedicated event page here using Safari or Microsoft Edge on Windows 10.

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