Explained: Why Redington shares soared 17% after Apple’s teaser ‘big week ahead’

Core Viewpoint - Apple is set to announce a series of new product launches from March 2 to March 4, 2026, with a teaser from CEO Tim Cook indicating significant updates, particularly in the iPhone and Mac product lines [1][2][7]. Group 1: Redington's Financial Performance - Redington derives approximately one-third of its revenue from Apple Inc., highlighting the brand's increasing importance to its business [2][7]. - Apple accounted for about 30% of Redington's revenue in Q2, with this share rising to 33% in Q3, indicating a growing dependency on Apple for revenue generation [2][7]. Group 2: Anticipated Product Launches - A key highlight of the upcoming announcements is expected to be the iPhone 17e, which is set to replace the iPhone 16e as Apple's most affordable smartphone, suggesting a strategic shift towards an annual refresh cycle for entry-level iPhones [5][6][7]. - Updates are anticipated for the 11th-generation iPad, potentially adding support for Apple Intelligence, aligning with previous refresh patterns [6][7]. - On the Mac side, updates are expected for both the budget MacBook Air and higher-end MacBook Pro variants, with reports suggesting a new Mac powered by an A-series chip, indicating a significant shift in product positioning [6][7].