Apple iPhone 12 may see delayed launch in November 2020

NEW DELHI: A new report has revealed that this year Apple fans will have to wait longer for the new iPhone. As per a report by Cowen investment bank, the new iPhone 12 series will get delayed by two months.
According to the report, the Cupertino-based tech giant might launch the iPhone 12 series in November this year instead of September. The delay in the launch is because of the ongoing pandemic situation. The ongoing pandemic has delayed both the mass production and launch of the iPhone 12 series.
The report also predicts a total of 35 million units production output in Q2 2020 which is lower by 13% as compared to the same time period of last year. “We note that the latest generation of iPhones, including the recently launched 2nd generation iPhone SE, is expected to comprise ~77% of the overall C2Q build mix similar to C1Q. The preliminary outlook for C3Q builds is around 46M units (+31% Q/Q, -2% Y/Y) and compares to the prior low-40M view and our sell-in forecast of 40M. We think a 40M+ shipment in C3Q would be a positive for sentiment in AAPL shares,” adds the report.