Apple may delay the launch of its next generation of iPhones, which would be the first using 5G technology. The company did not confirm the news, given first by Nikkei, that it is planning to hold the unveil of the new gadget, initially expected for the second semester.
Apple still faces supply chain issues, due to China’s earlier aggressive shutdowns to combat the coronavirus, the sources said. Also, Apple is concerned that people may not be as excited to upgrade their phones in the middle of a pandemic.
The move would represent a major setback for the firm. Apple’s most important product is the iPhone, which accounts for about half the company’s revenues and a big chunk of its profit as well. Apple’s annual cadence of new iPhone releases in the fall has allowed the company to offer new technologies and take on rivals.