Apple on Monday said it will have a press event on Nov. 10, most likely to introduce the first Macs to use Apple-designed processors. Apple had previously said the first Apple-powered Macs would ship later this year.

Why it matters: Shifting the underlying processors in a computer line without hurting sales is a tricky proposition, but Apple has managed through more of these transitions than most.

Context: Apple said in June that while the first Macs would come this year, the full transition away from Intel-powered computers would take about two years, pledging support for Intel Macs for years to come.

• As with other recent Apple events, including the recent iPhone 12 launch, the November event will be a virtual one, broadcast from Apple Park.

Go deeper: Making sense of the Mac's transition to Apple chips