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Analyst Believes iPhone 12 Could Still Be On Track For 2020

According to an earlier report, it was suggested that
Apple could actually delay the launch of the iPhone 12. The report claims that Apple is mulling delaying the iPhone by an additional few months, potentially pushing it into 2021. This is because the company is worried that in the current coronavirus crisis, there could be a weak demand for its upcoming handset.

However, according to analyst Gene Munster of Loup Ventures, he believes that Apple is apparently still on track for a 2020 launch of the iPhone 12. He acknowledges that while there might be a “muted” initial demand for the smartphone, he does not believe that this will force Apple to delay the handset’s release.

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According to Munster, “In the midst of 5G iPhone delay rumors, it’s important to keep in mind that Apple plans its business in terms of decades, not years – an under-appreciated long-term competitive advantage. At the core of this advantage is the company’s balance sheet, which allows it to survive the unexpected; everything from COVID-19, to a financial crisis, or weak initial demand f

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Written by UberGizmo

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