For iPhone fans: Apple announces sad news despite increasing annual profits

Apple announced third-quarter earnings that exceeded expectations despite the Corona pandemic, but also carried bad news for fans of its iPhone, which was scheduled to launch next September.

"Last year we launched the iPhone 11 on the market in late September, but this year we expect the release of the latest iPhone 12 to be delayed by a few weeks from last year," said Luca Maestri, the company's chief financial officer, on Thursday.

This announcement is likely to stem the previous leaks from the launch of the iPhone 12 in mid-October or until next November, which was confirmed by Qualcomm, the manufacturer of the new iPhone processor, after it announced that it had received a request to postpone the delivery of 15% of the processor shipment allocated to the new Apple phones.

This announcement is considered a very rare step for the company, as it usually refuses to even acknowledge the schedule for launching new products, even the iPhone, which is updated annually.

It seems that the Corona virus crisis has hit hard the Apple giant, the smartphone maker in the world, as factories stopped more than once in China because of the crisis, which was announced by Foxconn, the company that supervises the manufacture of iPhone 12.

It is expected that Apple will release many new models this year that support the fifth generation network, and iPhone 12 Pro will come with a 6.1-inch screen, and iPhone 12 Pro Max with a 6.7-inch screen, in addition to my iPhone. 12 with a screen of 5.4 inches, and his older brother iPhone 12 Plus with a screen measuring 6.1 inches.

The iPhone 12 is expected to be sold at a starting price of $ 650, and the prices of the iPhone Pro are expected to reach more than $ 1,000.

And Apple, with its third-quarter quarterly earnings, broke Wall Street forecasts, generating $ 59.69 billion in revenue, up 11 percent from last year.

The Corona pandemic did not spoil Apple's stock price or revenue growth, but it certainly stopped the momentum in its popular device product lines to announce the delay of its first release.

Source: websites


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