Apple's Upcoming 5G iPhone Could Be Delayed Because of Coronavirus

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Apple's hotly anticipated 5G iPhone could be delayed to as a result of coronavirus outbreak, according to a report from Bank of America analysts quoted by Bloomberg. The analysts consider Apple's ‌5G iPhone‌ release could be delayed by a month this fall.

In addition to delays of Apple's "‌iPhone 12‌," analysts also believe Apple's rumored "iPhone 9" or "iPhone SE 2" release date may be pushed back "a couple of months," citing both source chain issues and weaker demand for equipment therefore of the coronavirus outbreak. The release of new devices will "depend on how production ramps back up in April and May."

Apple's inventory has fluctuated in the last few weeks amid fears of COVID-19. Since its record most of $327.85 on February 12, shares possess fallen by because much since 13 percent.

Merely a few weeks hence, Apple announced you won't meet its earnings goals for the March quarter as a result of impact of the COVID-19 coronavirus epidemic in China. Apple has stated it really is continuing to screen the problem and will provide more information on its quarterly earnings call in April.

The effects of ‌COVID-19‌ have been changing each day, so that it remains to be observed how much extra of a direct effect the virus could have on Apple's 2020 plans.
Source: https://www.macrumors.com

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