Apple's upcoming 'Let Loose' event is scheduled for May 7 at 7 am Pacific Time, focusing on hardware updates.

The new Apple Pencil Pro is anticipated to be announced at this digital-only event.

Updates are expected for the iPad Air and Pro models, potentially introducing new sizes and OLED displays.

The iPad Air is likely to be equipped with the M2 chip, while the iPad Pro might feature the more advanced M4 chip.

Accessories such as the Magic Keyboard and Apple Pencil are rumored to undergo updates, including a redesigned keyboard and a 'Pro' version of the pencil.

Amazon is offering promotional discounts on current Apple products like the Apple iPad 10th Generation Wi-Fi 64GB with AppleCare+ ahead of the event.

The 'Let Loose' event will be streamed live for viewers on YouTube and the Apple website.