Apple is reportedly preparing to launch the M5 chip in its iPad Pro and MacBook Pro later this year, according to analyst Mark Gurman from Bloomberg. The iPad Pro featuring the M5 is expected to be available in the second half of 2025, while the MacBook Pro will likely debut around Halloween. Both devices will focus solely on chip upgrades without major design changes. Future enhancements, including the M6 chip and potential OLED displays, are anticipated by 2026 or 2027, signaling ongoing innovation in Apple's lineup.