The current global climate has forced Apple Inc.to to consider delay of the next-gen 5G iPhone, widely referred to as the iPhone 12. According to Nikkei Asian Review, it was apparently meant to ship in September.
The shares of Apple dropped late Wednesday as a report as the report surfaced. Apple closed at $245.52, down .55 per cent after it was positive for most of the day during a stock market rally. It hit a high of $257.89 during intraday trading, reports CNBC.
The company typically launches new iPhones around September 10, but this year with the global pandemic in place, Apple is considering delaying the launch.
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