Apple CEO Tim Cook delivers his keynote address at the Worldwide Developers Conference in San Francisco, California June 2, 2014.
Apple CEO Tim Cook delivers his keynote address at the Worldwide Developers Conference in San Francisco, California June 2, 2014. Reuters/Robert Galbraith

Apple will be holding its press event this 10am PT with predictions about the iPhone 6 announcement. The tech giant is expected to unveil two iPhone variants: one 4.7-inch model and one 5.5-inch model. Despite production problems, reports indicate the Apple will be releasing the phablet iPhone as well. Apple's live stream even will take a full hour with CEO Tim Cook taking center stage.

Those who wish to see the Apple live event can stream the hour-long affair online. The event will be held at 10 am PT, 1 pm New York and 6 pm London. Users can watch the event online through Safari on iOS 6 or later, OS X 10.6.8 or later and Safari 5.1.10 or later. Safari is available for download.
For the live event stream, click here.

Update: Hours before the live event of the company, Apple Store went down around 8:20 a.m. ET. Often, Apple takes down its online store before its primary events to process new information and publish new details following the announcements.

This is a strong proof of the series of products that will come people's way. To check out the store click here.

If Apple will follow its tradition then the actual store release of the devices will be around September 19 - ten days following the announcement. Pre-order should start September 12.

Update: Tim Cook starts with Apple press event. The Apple CEO claims: "Today, we are pleased to announce the biggest advancement in iPhone."

Update: iPhone 6 Specs Overview:

- Variants named iPhone 6 and iPhone 6 Plus

-Landscape View now possible

-Thinnest iPhones ever made

- iPhone 6 measures 6.1mm and iPhone 6 Plus measures 7.1mm

-A8 chip makes the iPhone 6 50% than original iPhone

-802.11ac 3x faster than iPhone 5s

- 128GB variant confirmed

-iPhone 6 16GB starts at $199 with two-year contract, iPhone 6 Plus 16GB stars at $299 with two-year contract

-iPhone 6 and iPhone 6 Plus will feature Apple Pay