Report Claims Apple To Delay iPhone 12 Mass Production By One Month

The Wall Street Journal said in a report today that Apple will delay the mass production of its upcoming flagship smartphone (iPhone 12) by one month.

Sources spoke to WSJ that this is notably because the new coronavirus outbreak has undermined global consumer demand and also ruined Apple's supply chain in Asia, including manufacturing operations.

According to the report, Apple is also cutting the build estimate of the iPhones as much as 20 percent in the second half (July-December) of this year.

Several investors are concerned that the supply chain manufacturing timetable will be affected, which will impact Apple's release of the iPhone 12 on schedule. Some analysts expected the iPhone 12 to be delayed by 1 to 2 months.

For example, JP Morgan analyst Samik Chatterjee said in a report on April 8 that two of the four 5G iPhones originally planned to be released this fall may be “moderately delayed” one to two months.

But the sole iPhone supplier Foxconn assured investors earlier this month that it can ensure that Apple will release a new generation of iPhones as planned this fall.

Goldman Sachs analyst Rod Hall expects that iPhone sales will drop by 36% year-on-year in the second quarter of this year due to economic development hit by the new coronavirus pandemic.

Image Via ConceptsiPhone

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