Apple Event: New Mac Computers Expected With In-House Processing Power – The Wall Street Journal

While excitement for Apple Inc.’s new iPhones has helped boost the company’s share price to record highs, a nearly 40-year-old workhorse with stagnating sales in recent years is notching impressive growth: the Mac.

Sales of the computer line rose 29% in the past quarter to a record $9 billion. Apple has seen huge interest in many of its products, from iPads to headphones, as students and workers stay home because of the coronavirus pandemic.

At…