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Chronicles

The story behind the story

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Apple schedules a “special Apple Event” for May 7 at 10am ET, where new iPads are expected; rumors suggest the iPad Pro will get an OLED display and an M3 chip

After kicking off 2024 with the launch of the Vision Pro, the next act in Apple's 2024 script is a May product launch event.

The Verge Quentyn Kennemer

Context & Ripple Effects

The May event puts a public date behind a product cycle that earlier coverage had framed as the iPad Pro’s first major overhaul since 2018. The reported OLED-and-chip combination has also appeared in Apple’s broader early-2024 iPad plans, making the event a potential conversion of a long-running roadmap into an announced product.

It follows Apple’s early-2024 Vision Pro launch, shifting attention back to a more established hardware line. The subsequent event preview also points to possible new Air, Pencil, and keyboard models alongside the Pro, suggesting a wider iPad refresh rather than an isolated specification update.

First-order effects

  • Apple gains a defined venue to reset its iPad lineup and focus customer, developer, and accessory-market attention on the category after Vision Pro’s launch.
  • If the reported OLED display and new Apple silicon arrive, the iPad Pro would receive a more visible premium-hardware distinction; buyers awaiting an update would have a clear decision point.

Second-order effects

  • A Pro redesign paired with updated input and keyboard accessories would make the iPad purchasing decision more package-oriented, potentially extending the refresh cycle to accessory buyers as well as tablet buyers.
  • The rumored expansion of iPad Air sizes, later outlined in the May 7 event preview, would give Apple more room to separate mainstream iPads from the redesigned Pro on features and form factor.

Third-order effects

  • The pattern points to Apple using display technology, custom silicon, and accessories together to preserve a premium tier within a mature tablet category, rather than relying on annual chip updates alone.
  • If this cadence holds, iPad competition will increasingly center on how tightly tablets are positioned with their keyboards and styluses, not solely on the base device’s specifications.

The trend: Apple is consolidating the iPad’s premium positioning around coordinated upgrades to core hardware and the accessories that define its productivity use case.