Report: 5G iPhone Might Be Delayed Due To Coronavirus
The ongoing battle that technology companies face as they try to get products made continues, with coronavirus causing all manner of issues.
The most important thing is the health and safety of all those affected, but as ever, bottom lines have companies flustered. And Apple’s 5G iPhone might get dragged down, too.
According to a new Bank of America report, picked up by Bloomberg, it’s possible that we might see the expected September launch of a 5G iPhone delayed by a month. It’s claimed that this is based on a conversation with an “expert” who knows their way around Apple’s supply chain.
Bank of America wrote that Apple’s highly anticipated 5G iPhone could see its fall release delayed by a month as a result of the outbreak. The firm cited a conversation with an expert on the company’s supply chain, Elliot Lan. Lan also expects the launch of the iPhone SE2 will be delayed “by a few months” due to “both supply issues as well as the weaker demand environment from COVID-19.”
It’s thought that the 5G iPhone’s release will depend on whether Apple and it’s suppliers – Foxconn in particular – are able to ramp up production following factory closures and staff shortages. That ramping up is reportedly taking longer than everyone had hoped, and that might have a knock-on impact on Apple’s plans for this coming fall.
It’s unclear quite how everyone’s quarterly results will pan out because of the coronavirus situation, with Apple already having told investors that it won’t meet the guidance it offered last time around.