Apple will lose $ 18 billion if iPhone 12 lingers just a couple of months

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The global economic downturn also means that many potential buyers will not be ready to part with their savings.

According to Goldman Sachs, if the new iPhone does not come out in September and lingers at least until November, then this could lead to Apple’s revenue loss of about $ 18 billion. Thus, it will reduce sales of Apple iPhone by 14% year on year.

iPhone 12
iPhone 12

Apple will lose $ 18 billion if iPhone 12 lingers just a couple of months

Apple typically launches new flagship iPhone products every September. This year, the new iPhone will be a very important product, as it is the company’s first phone with support for fifth-generation networks. At the same time, Apple competitors have been releasing such devices over the past year. Many analysts also expect the company from Cupertino to make major adjustments to the design of the iPhone.

While company headquarters in Silicon Valley should work from home in a karate environment, rumors began to circulate that Apple might be thinking about postponing the launch date for the new iPhone. The complex supply chain in recent months is not working as fast as usual. In addition, even if Apple can produce enough iPhone 12 on time, the global economic downturn means that many potential buyers will not be ready to part with their savings.

David Collins, a former Foxconn executive and head of CMC consulting, said Foxconn and another manufacturing company, Wistron, which partnered with Apple, could run into staff shortages, causing manufacturers to waste time training new workers.

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