A report on Wednesday reaffirms numerous claims that Apple will this fall debut an iPhone model featuring an integrated rear-facing VCSEL laser system, good for depth measurements that power advanced augmented reality applications.
Wamsi Mohan from Bank of America has tweaked his target price for Apple stock, and is slightly reducing what he expects from the company for 2020, mostly because of supply and demand impacts from the coronavirus pandemic.
The production schedule for the 'iPhone 12' collection is allegedly being affected by COVID-19 in one more way, with Apple's self-imposed travel restrictions preventing its own engineers from performing tests on components for the 5G-equipped models.
Timothy Arcuri from UBS is seeing some short-term struggles for Apple and the iPhone between production problems and temporary demand decreases, but sees restoration of iPhone production and sales in 2020.
As investors ride the "roller coaster" that is Apple's coronavirus-impacted stock price, Daniel Ives from Wedbush sees a firm core business, and outstanding long-term prospects for Apple and the 5G "iPhone 12."
While the coronavirus impact on Apple varies a great deal across the iPhone supply chain, Ming-Chi Kuo says that the company is proactively maneuvering to diversify camera lens suppliers for the "iPhone 12."
The LG Innotek factory that supplies iPhone camera modules has closed in Gumi, South Korea after the first case of coronavirus was discovered in the workforce, delivering yet another blow to the Apple supply chain.
While the coronavirus is still having a big impact on China iPhone production, and the smartphone market as a whole, Morgan Stanley sees the impacts as mostly timing problems for Apple, and are buyers, maintaining a $368 stock price target.
The "iPhone 12" could have extremely fast wireless networking with support for 802.11ay networking potentially allowing it to connect at gigabit speeds with home appliances and other hardware, and the long-rumored "AirTag" tracking device may use wireless charging.
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.
Reports have emerged in the last 24 hours with contradictory sources all claiming to have the inside track on the details surrounding the antenna technology expected in the 5G "iPhone 12" — with one claiming that Apple will do most of the work itself.
Apple analyst Ming-Chi Kuo sees significant uncertainty surrounding iPhone production in China because of the ongoing coronavirus, and has detailed what he is seeing so far at Apple assemblers Foxconn and Pegatron.