Investing.com - Shares of Apple (NASDAQ:), which closed nearly 2% higher on Monday, added another 1% in pre-market trade on Tuesday to reach $162.85, just below an all-time high of $164.94 touched on Sept. 1.

The tech giant will be in the spotlight as it , expected to be called the Iphone X, in its latest product launch event scheduled for 1:00PM ET (1700GMT).

According to reports, the new phone, which could cost as much as $1,200, will feature an edge-to-edge display with richer colors and facial recognition.

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