iPhone 12 is under real threat of transfer. Launch may be delayed for 3 months or more

IPhone sales fall, production not at full capacity.
According to foreign media reports, in January this year, due to the outbreak of coronavirus, iPhone sales in China fell sharply. Compared to December last year, sales fell by 28%, and a year earlier such a sharp decline after the holidays was not observed.

Recently, Apple said that due to the situation in China, global shipments of iPhone in the first quarter will decline, this will affect the financial performance of the company. In addition, the company previously closed all 42 stores in China, which are now gradually resuming their operations. As of Monday, 29 of 42 stores have reopened. However, so far they work 8 hours a day, whereas at normal times they have a 12-hour work day.

An analyst at Wedbush Securities said that if the supply chain returns to normal in April, it will not affect the autumn launch of the iPhone 12 smartphones. If all plants return to full capacity in late April or early May, the launch of iPhone 12 may be delayed few weeks.

According to the worst-case scenario, the supply chain will be established only in late May or early June. This will delay the release date of iPhone 12 for at least 3 months.

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