Due to the disruption of demand and supply chains caused by the COVID-19 pandemic, Apple will delay the production of new iPhone models.
As the coronavirus pandemic continues, many companies have had to change their business strategies for the year. Even giant corporations like Apple are needing to rethink their approaches during these unprecedented times.
New Apple iPhone Models Likely Delayed
A report published by the Wall Street Journal claims that Apple will have to push the mass production of its new iPhones by at least a month. Typically, the company starts mass production of its products in August in order to begin shipping in September. At this point, however, it plans to delay production by one month as well as reducing the normal supply by 20%.
No Official Confirmations Yet
It is worth noting that Apple itself declined to comment on these reports. This means that there is no guarantee that the actual announcement of the new iPhones will see any delays. In other words, the company might still announce the new models in September, even though it might not start shipping until a later date. Considering the fact that its competitors like Samsung, OnePlus, and LG are already selling 5G devices, Apple truly needs these new models to impress.Disclaimer
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Ali Raza
Ali is a journalist with experience in web journalism and marketing. Ali holds a Master's Degree in Finance and enjoys writing about cryptocurrencies and fintech. His work has been published on a number of cryptocurrency publications.
Ali is a journalist with experience in web journalism and marketing. Ali holds a Master's Degree in Finance and enjoys writing about cryptocurrencies and fintech. His work has been published on a number of cryptocurrency publications.
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