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What to expect from Apple's Sept. 7 event: new iPhones with pressure-sensitive home buttons, 5.5-inch model with dual-camera system, new Watch with GPS, more

Apple seeks to set foundation for holiday quarter with iPhone camera upgrades, improved Apple Watch fitness tracking, and refreshed software

Bloomberg Mark Gurman

Context & Ripple Effects

This preview is the first entry in what becomes a near-decade-running September ritual: the same beat returns ahead of the 2019 iPhone and Watch Series 5 event, the 2023 Wonderlust keynote with USB-C iPhone 15s, the four-model iPhone 16 and Apple Intelligence lineup in 2024, and the ultrathin iPhone 17 Air in 2025.

What changes each year is the hardware; what stays fixed is the formula — new iPhones, a new Watch, refreshed software, all staged to set up the holiday quarter. In 2016 the differentiators are a dual-camera system reserved for the 5.5-inch iPhone, a pressure-sensitive home button, and GPS in the Watch, which per the report is aimed at improved fitness tracking.

First-order effects

  • The dual-camera system makes the 5.5-inch iPhone the photography flagship, splitting the lineup into a camera-led premium tier and a standard tier rather than two sizes of the same phone.
  • Built-in GPS lets the new Watch track runs and workouts without carrying an iPhone, removing the main dependency that previously tied its fitness use to the phone.

Second-order effects

  • A pressure-sensitive home button and a second camera raise the flagship's component cost, giving Apple room to push the top of the iPhone price range at exactly the moment holiday-quarter demand peaks.
  • A GPS-equipped Watch moves the product into direct competition with standalone GPS sports watches and fitness trackers during the gifting season, where it previously competed mainly as a phone accessory.

Third-order effects

  • If the pattern in the coverage holds — iPhone plus Watch plus software every September from 2016 through 2025 — Apple's fall keynote hardens into a fixed industry calendar anchor, with suppliers, carriers, and reviewers planning around a predictable annual refresh rather than surprise launches.

The trend: Apple's September keynote has settled into a permanent annual cadence — new iPhones, a new Watch, refreshed software — that anchors the holiday quarter year after year.