Apple Prepares Second-Gen iPhone Air for 2027; Stock Among Cliff Asness's Top Dividend Picks

Apple Inc. (NASDAQ:AAPL) is preparing a second-generation iPhone Air for release in spring 2027, according to a Bloomberg report citing people familiar with the matter. The new device aims to strengthen the appeal of Apple's slim smartphone lineup.

In a related development, billionaire Cliff Asness, founder of AQR Capital Management, has included Apple among his top 12 dividend stocks to buy.

The New iPhone Air

Specific details about the device remain undisclosed, but it is expected to retain the ultra-slim design of its predecessor while offering improvements in performance and battery life. The launch is intended to compete with other flagship smartphones.

Context

The news comes as Apple continues to focus on design innovation to differentiate its products. Asness's inclusion of AAPL in his dividend stock list reflects confidence in Apple's ability to sustain attractive shareholder payouts.

What This Means for Investors

While the iPhone Air launch is still years away, it signals Apple's long-term strategy to expand its product lineup. Asness's endorsement may bolster investor confidence in Apple's dividend stability.