Sneak Peak New iPhone
Apple is expected to announce the latest version of its popular iPhone later today.
Life after Steve Jobs begins in earnest for Apple later today when the company makes its first product announcement since Jobs stepped down as CEO in August.
A new variation of iPhone, an end to the click wheel iPod and new versions of iPod Touch are among the possibilities.
"The pressure is on Apple to do something new with a device that has been out for
several years and to show that they're facing down the Android threat," says CNET.com's Molly Wood.
The wide array of smart phones using the Android operating system outnumber the iPhone, 43 to 28 percent.
That's got many observers anticipating new iphone features to one-up android.
"It is overdue for things like speech to text, voice to text and turn by turn navigation. Turn by turn is a huge element of the Android popularity," Wood says.
A more powerful processor, an improved camera and cloud storage of content are among other expected upgrades, with a budget version iPhone also a possibility.
New CEO Tim Cook, who took over in August for the ailing Apple-co founder Jobs, will make the presentation.