Never miss a story

Get subscribed to our newsletter


×
The company typically launches new iPhones around September or October every year but is considering delaying the launch. Pixabay

The shares of Apple dropped late Wednesday as a report by The Nikkei Asian Review suggested a significant delay in the launch of the next iPhone.

The Cupertino-based tech giant is considering a delay to its iPhone launch by “months” because of issues related to consumer demand during the COVID-19 coronavirus crisis.


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 or October every year but is considering delaying the launch.

As per report, the new iPhone will support 5G networks, and it has raised the pressure at the iPhone maker for the device to be a hit.


The shares of Apple dropped late Wednesday as a report by The Nikkei Asian Review suggested a significant delay in the launch of the next iPhone.. Pixabay

Additionally developing a concrete “iPhone 12” prototype was originally slated for early March but was delayed due to travel restrictions between the US and China.

J.P. Morgan analyst Gokul Hariharan also said that engineering and production verification tests are likely to happen later than usual this year.

ALSO READ: HP Unveils Advanced Security Solutions For Complete Protection From Threat

Apple said in February that its revenue for the current quarter would be below its forecasts and that the worldwide iPhone supply “will be temporarily constrained” because of the consequences of the COVID-19 epidemic. (IANS)


Popular

VOA

This image released by Disney Theatrical Productions shows, from second left, Michael James Scott as Genie, Michael Maliakel as Aladdin, and Shoba Narayan as Jasmine after a performance of the Broadway musical "Aladdin" in New York on Sept. 28, 2021

As kids growing up in different states, Shoba Narayan and Michael Maliakel shared a love of one favorite film — "Aladdin." Both are of Indian descent, and in the animated movie, they saw people who looked like them.

That shared love has gone full-circle this month as Narayan and Maliakel lead the Broadway company of the musical "Aladdin" out of the pandemic, playing Princess Jasmine and the hero from the title, respectively.

Keep Reading Show less
VOA

Bottles of Jack Daniel's whiskeys are displayed at Rossi's Deli in San Francisco

Jack Daniel's is the world's most popular whiskey brand, but until recently, few people knew the liquor was created by Nathan "Nearest" Green, an enslaved Black man who mentored Daniel.

"We've always known," says Debbie Staples, a great-great-granddaughter of Green's who heard the story from her grandmother. … "He made the whiskey, and he taught Jack Daniel. And people didn't believe it … it's hurtful. I don't know if it was because he was a Black man."

Keep Reading Show less
Photo by Aksh yadav on Unsplash

Cricket fans can now book the ultimate experience with the official accommodation booking partner for the ICC Men's T20 World Cup

Cricket fans can now book the ultimate experience with the official accommodation booking partner for the ICC Men's T20 World Cup, Booking.com. The T20 Pavillion, a bespoke cricket-themed luxury stay that transforms the Presidential Suite at Grand Hyatt Mumbai Hotel and Residences into a classic cricket stadium.


The suite offers guests an all-inclusive once-in-a-lifetime experience during the India vs Pakistan ICC Men's T20 World Cup match on October 24, 2021, packed with quirks and luxuries that is sure to satisfy even the biggest cricket enthusiast. Additionally, as a part of the experience, guests will also have the exclusive opportunity to meet Bollywood actor Shraddha Kapoor at The T20 Pavilion.

Keep reading... Show less