It’s September, which means we’re reaching new iPhone season.
According to a report from Bloomberg, Apple is planning to launch four new iPhone models in October supporting 5G wireless speeds.
Apple has asked suppliers to create a minimum of 75 million 5G iPhones for later this year, roughly in line with last year’s launch, during a sign that demand for the company’s most vital product is holding up within the midst of the worldwide pandemic and recession.
The Cupertino, California-based technology giant anticipates shipments of those next-generation iPhones may reach as high as 80 million units in 2020, consistent with people conversant in things. Apple plans to launch four new models in October with fifth-generation wireless speeds, a different design, and a wider choice of screen sizes said the people, who asked not to be identified discussing unannounced products.
Among a comprehensive product refresh within the fall, Apple is additionally preparing a replacement iPad Air with an edge-to-edge iPad Pro-like screen, two new Apple Watch versions, and its first over-ear headphones outside the Beats brand. A smaller HomePod speaker is within the works, too. An Apple spokeswoman declined to comment
Apple and its manufacturing partners always build up production before the rollout of the latest iPhones each fall. In the summer of 2019, suppliers were preparing to form components for as many as 75 million handsets. The target in 2018 was similar, so this year’s goal of 75 million to 80 million units may be a bullish sign. Key iPhone assembly partner Hon Hai Precision Industry Co. also referred to as Foxconn, has put up several notices on WeChat over the past month recruiting workers for its main iPhone campus within the central Chinese city of Zhengzhou.
While the Covid-19 outbreak has hammered the global economy and disrupted supply chains, Apple is seeing strong demand for iPhones, iPods, and Mac computers from people working and studying remotely. Revenue from iPhones crushed Wall Street expectations within the most up-to-date quarter. The device still generates almost half of Apple’s sales, which often tops 60% within the season. Apple shares have soared 76% this year, making it the primary U.S. company to surpass $2 trillion in market value.
Apple will introduce two standard models with a 5.4-inch screen and a 6.1-inch screen, as well as two Pro models with a 6.1-inch display and 6.7-inch display.
The company anticipates shipping as many as 80 million units this year, said the report.
Apple is also planning to launch a redesigned iPad Air tablet, two more models of its Apple Watch, and its first pair of Apple-branded over-the-ear headphones, reports Bloomberg.
September is typically when Apple unveils its latest iPhone and launches it to consumers. Of course, this year is different with the continued presence of the COVID-19 pandemic, which has battered economies and shut down communities worldwide.
Despite the coronavirus pandemic, Apple continues to rake in billions. Last quarter, the tech giant revenue rose 11% to nearly $60 billion while profit reached $11.3 billion, up 12%.