The new iPhone, expected to be unveiled in the fall, may be delayed, according to a report in Nikkei, which cites anonymous sources with "direct knowledge" of Apple's internal discussions. Apple still may face , due to China's earlier aggressive shutdowns to combat the virus, the sources said. Also, Apple is concerned that people may not be as excited to upgrade their in the middle of a pandemic.
Apple didn't immediately respond to a request for comment.
Whether Apple does ultimately delay its iPhone or not, the possible move indicates how much half the company's revenues and a big chunk of its profit as well. Apple's annual cadence of new iPhone releases in the fall has allowed the company to offer new technologies and take on rivals. It's also pushed rivals such as , putting pressure on Apple to step up its game too.businesses, in addition to people's daily lives. Apple's most important product is the iPhone, which accounts for about
This year, however, the tech industry will grapple with supply chain disruptions from China's virus containment efforts, and a slowing economy across the globe as a result of lockdowns and sickness concerns.
Worries about people's slowing spending habits have already pushed the movie industry to delay big blockbusters,, and in some cases to test offering people the chance to rent newly released movies .
Whether tech companies will similarly choose to delay product launches, or change how they do business to adapt, remains to be seen.