Home Tech Apple’s next iPhone 5G may be delayed due to the coronavirus

Apple’s next iPhone 5G may be delayed due to the coronavirus

by drbyos
Apple’s long-awaited iPhone 5G may be delayed due to the coronavirus epidemic, according to a Bank of America analyst report quoted by Bloomberg. Analysts believe that Apple’s “iPhone 5G” release may be delayed by a month in the fall.

IPhone 12 Pro concept via EverythingApplePro

In addition to delays in Apple’s “iPhone 12”, analysts also believe that Apple’s “iPhone 9” or “iPhone SE 2” release date could be postponed “by a few months”, citing both supply chain issues and weaker demand for devices such as the coronavirus epidemic. The release of new devices “will depend on how production returns in April and May.”

Apple’s stock has fluctuated in recent weeks due to fears of COVID-19. Since its record high of $ 327.85 on February 12, equities have declined 13 percent.

Just a few weeks ago, Apple announced that it will not reach its revenue targets for the March quarter due to the impact of the COVID-19 coronavirus epidemic in China. Apple has said it will continue to monitor the situation and provide additional information on its quarterly earnings call in April.

The effects of “COVID-19” have changed every day, so it remains to be seen how much more impact the virus will have on Apple’s plans for 2020.

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