There are certain things one can just rely on to happen like clockwork. In February/March, Samsung releases a new Galaxy S device and in September Apple responds with a new slew of iPhones.
But this year, as with most things in 2020, we can’t rely on what was normal.
Case in point, Apple’s next iPhone release will be delayed according to chief financial officer at Apple, Luca Maestri.
“On iPhone, we expect to see recent performance continue for our current product lineup, including the strong customer response for iPhone SE. In addition, as you know, last year we started selling new iPhones in late September. This year we project supply to be available a few weeks later,” Maestri said during a conference call following the release of Apple’s Q3 results.
And that’s about as much information as Apple shared about that.
The reason for the delay is most probably COVID-19 and the lockdowns around the world which restrict trade and movement but Apple stopped short of pointing to this as the reason for the delay.
As we’re on the subject of Apple’s quarterly results we’d be amiss not to detail those.
For the third quarter of this year, revenue grew 11 percent to $59.7 billion. Interestingly, 60 percent of that revenue came from international sales.
Earnings per share are up 18 percent and the number of Apple devices out in the wild is at an all time high.
This is not surprising given how we’ve seen tech firms, especially those selling notebooks and other gadgets, flourish during the pandemic.
We don’t foresee a delay in iPhone shipments hurting Apple all that much given how loyal Apple customers are but we are curious to see what the latest from Apple looks like given the pandemic and trade restrictions with China in the US.[Source – Apple] [Image – CC BY ND Niels Epting]