Apple expected to launch new low-cost 5G iPhone

FILE PHOTO: A bird flies past an Apple iPhone SE advertisement billboard in Mumbai, India, April 26, 2016. REUTERS/Shailesh Andrade/

NEW YORK (Reuters) - Apple Inc will likely announce a new low-cost version of its iPhone SE with 5G capabilities at its annual spring product launch event on Tuesday, analysts say.

The iPhone maker is also expected to launch a new version of the iPad Air and a high-end Mac Mini at the event.