Users gearing as much as purchase the newest iPhones are going to have to attend longer than they did final yr.
In a name following the discharge of Apple’s Q3 earnings, the corporate’s CFO Luca Maestri shared that in comparison with the September 2019 launch of iPhone 11 fashions, Apple is anticipating this yr’s provide of recent iPhones “to be out there just a few weeks later.” It’s an exceedingly uncommon transfer for the corporate, which usually refuses to even acknowledge its timeline for releasing new merchandise, even the iPhone, which refreshes yearly.
It is just not unprecedented for the iPhone’s launch to be delayed; in 2017, Apple’s iPhone X was not launched till November. The firm additionally typically releases totally different iPhone fashions on a unique launch cadence within the weeks following the system bulletins.
Apple is predicted to launch a number of new fashions this yr integrating 5G community help.
On Thursday, Apple shared quarterly earnings outcomes from the third-quarter which smashed Wall Street expectations, delivering income of $59.69 billion, up 11% year-over-year. The coronavirus pandemic hasn’t knocked Apple’s share worth or income development, however the admission is one signal that it did halt momentum in its product pipelines in delivering one other September launch.
Apple smashes Q3 income expectations regardless of pandemic