Ahead of a "big week" for Apple, investment bank Wedbush is expecting the company to report June quarter earnings that exceed Wall Street expectations, with an impressive "iPhone 12" being the firm's "favorite 5G play."
Apple's 2021 "iPhone 13" models may not include support for both high-band and low-band 5G connectivity, a report claims, with the future models potentially shipping with compatibility for either the extremely fast mmWave or the more resilient sub-6GHz spectrum.
Apple's sales of iPhones in the first calendar quarter of 2020 were down by only 1% in a China market that contracted by 22% year-over-year, as buyers rapidly shifted to online orders and enthusiastically bought iPhone 11 models.
A refresh of the iPad Pro lineup slated for the end of 2020 may not arrive until well into 2021, a report claims, with COVID-19 affecting the supply chain sufficiently to delay the launch of a 5G-equipped model into the next year.
Qualcomm has launched the Snapdragon X60 5G Modem, a third-generation system for 5G connectivity in smartphones, but one that Apple is more likely to be using for its 2021 iPhone releases rather than 2020's "iPhone 12" models.
While industry observers are clearly seeing a short-term financial and business impact from the coronavirus outbreak in China, the first analysts chiming in on the situation don't have long-term concerns surrounding Apple's financial prospects.