- Apple’s iPhone 12 release date may be delayed until November 2020.
- When the iPhone 12 does arrive, sales may be tepid in light of the economic downturn caused by the coronavirus.
- Rumor has it Apple will decide on a firm iPhone 12 release date next month.
- Visit BGR’s homepage for more stories.
A new investor note from Goldman Sachs relays that Apple will delay the release of its highly-anticipated iPhone 12 until November. In turn, the investment bank — which also happens to be partners with Apple on the Apple Card — downgraded Apple shares to a rare “sell’ rating.
In a note obtained by Reuters, Goldman Sachs analysts articulated that the economic downturn caused by the coronavirus will have a marked impact on iPhone upgrades. Put simply, the note claims that iPhone owners “will keep devices longer and choose less expensive Apple options when they do buy a new device.”
Today’s Top Deals
- 10 deals you don’t want to miss on Sunday: Coronavirus face mask supplies, rare Bose deals, AirPods Pro sale, more
- 10 deals you don’t want to miss on Saturday: Bose blowout, $95 iPhone SE, AirPods 2 & Pro, $110 off Chromebook, more
- AirPods too pricey even on sale? Pick up these great rival earbuds for $22
Trending Right Now:
- WHO says there’s a big problem with coronavirus antibodies and immunity
- The 10 hottest Netflix TV series this week – is your favorite on the list?
- Coronavirus face mask: Without one, this video shows how much you spit when you talk
iPhone 12 release might not happen until November originally appeared on BGR.com on Sun, 19 Apr 2020 at 09:30:04 EDT. Please see our terms for use of feeds.
Read more here:: Boy Genius Report