On Monday local time, Apple announced that Kevan Parekh will replace Luca Maestri as Chief Financial Officer. Apple's stock price fell by 1% after the market closed. Meanwhile, Apple announced that a press conference will be held on Monday, September 9th at the company's headquarters in Cupertino, California, where new iPhone and Apple Watch models are expected to be unveiled. This press conference will be live streamed on the Apple website and YouTube. Since the COVID-19 in 2020, Apple has released its products through pre recorded videos.