Apple rose 1.11% on Thursday, with trading volume of $11.176 billion. According to Sina Finance, Apple confirmed it will hold a product launch event in New York on October 13 under the theme “Welcome Home,” where it will unveil new smart home products.

The company said the event will feature multiple devices, including a smart home hub, as it seeks to revive its position in the smart home market. It also said the launch is an important move in this area after John Ternus became chief executive last month.