Tech giant Apple is likely to present its flagship smartphones and other products for this year at at upcoming event in March. The rumored lineup includes three new variants of the iPad Pro 2, the red iPhone 7, 128GB iPhone SE, and wearable Apple Watch 2. 

Apple is reportedly gearing for an event in March dedicated to launch its new iPad Pro 2. Meanwhile, the company is said to be making some slight changes to its iPhone lineup.

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The company will allegedly debut three new iPads at the event, including a 10.5-inch and 12.9-inch variant. There is also a 7.9-inch iPad Pro. However, it is unclear if there is an iPad Mini in the pipeline.

As for those who expect to see iPad Air 2 successor, tech pundits say that the company is working on a budget friendly 9.7-inch iPad.

According to the undisclosed source of Macotakara, the new iteration of the Apple's wearable, Apple Watch 2, might make its debut at the same event next month. The company is also likely to release a red color variant of the iPhone 7 before it launches the iPhone 7s in late 2017.  

The upcoming event might as well see the introduction of a 128GB iPhone SE, which will come as a pleasant suprise to fans. Users will see an increase in capacity and the smartphone will still be packed with A9 chip and other features without a 3D Touch display, Apple Insider reported. The current model of iPhone SE with 64 GB has price tag of $449.   

There are also speculations that Apple could showcase of a 12-inch Macbook with Retina Display at its upcoming event. 
 
Apple is also expected to organize an event at the Worldwide Developers Conference in June in San Jose, California. It will reportedly unveil its latest firmware, which include the iOS 11, macOS 10.13, watchOS 4, and more.