Apple may postpone iPhone 12 launch to November due to coronavirus pandemic

The delay could be due to demand uncertainty owing to coronavirus pandemic

American technology giant Apple is likely to push its September ‘iPhone 12’ launch to November due to coronavirus pandemic, which has hit the logistics, supply chain and manufacturing globally. According to a report by an investment banking company Cowen, Apple's second-quarter production is expected to be 35 million units, down 5 per cent from the first quarter and down 13 per cent from the same period last year. The analyst said that the production supply chain has returned to normal output rates, but downstream demand remains uncertain. It predicts that Apple's iPhone shipments in the second quarter will reach 30