Apple iPhone 12 series launch delayed to November: Report

Apple may delay the launch of its new iPhone series by at least two months, says a new report from Cowen.

According to the report, Apple will launch the iPhone 12 series in November instead of its traditional mid-September timeline. It is not the first time reports of Apple delaying the launch of iPhone 12 have surfaced. The older reports, however, indicated delay of at least one month.

Apple, like other smartphone companies, has been hit hard by the Covid-19 pandemic. The company reported a growth in revenues in the March quarter but suffered a drop in profits. While its services vertical grew, iPhone sales have declined.